Easyjet boosts profit guidance after strong quarter July 18, 2018 Budget airline Easyjet has raised its profit guidance for the year after a strong third quarter where passenger numbers hit 24m. The airline said it expected profit before tax of between £550m and £590m for the year, having previously guided at £530m to £580m. Revenue in the quarter to 30 June increased by 14 per cent [...]
Govia Thameslink heavily underestimated rail disruption, with the actual result being 10 times worse July 17, 2018 Govia Thameslink's (GTR) early estimates of how many trains would be cancelled due to its new timetabling were drastically different to the final outcome. In a presentation to the Department for Transport (DfT) three weeks before the new timetables came into effect in May, GTR said there would be just 43 planned cancellations on its [...]
Tesla boss Elon Musk could face legal action after Thai cave rescuer ‘pedo’ comments July 16, 2018 Tesla chief executive Elon Musk could face legal action after suggesting on Twitter that one of the divers in the Thai cave rescue was a paedophile. Musk, who had provided a mini-submarine to help with the rescue, attacked British diver Vern Unsworth after he described Musk’s contribution as a “PR stunt”. Musk hit back on Twitter, claiming [...]
Thameslink passengers complain of further disruption despite third new timetable in two months July 16, 2018 Thameslink has said it is aware of "a number of disruptions" across its services this morning, despite the introduction of another timetable. The service is running on its third timetable in two months, as it tries to reduce the disruption caused by new running times introduced on 20 May. But the rail operator has told [...]
Crossrail latest: Tottenham Court Road’s new Elizabeth Line station nears completion as December launch date draws closer July 10, 2018 We've crossed the halfway mark for the year's countdown to the Elizabeth Line launch and new images have been released to show the progress made at the new Tottenham Court Road station. The station will be at the centre of the capital's new railway, which will run from Berkshire and Heathrow in the west to [...]
Kier Group sells non-core assets in cost-saving mission July 10, 2018 Leading construction and property company Kier Group said this morning it plans to sell its non-core assets as part of a wider cost-savings programme. The firm, which also announced profits and earnings performed in-line with expectations, will be hoping the plan, which was launched last month, will improve productivity, operating margins and cash generation. The [...]
Westminster council presses ahead with Oxford Street strategy – without TfL’s help July 10, 2018 Westminster City Council (WCC) has pressed ahead with its plans for Oxford Street without funding from Transport for London (TfL). At a council meeting yesterday evening, WCC agreed to draw up its own strategy work for the area after it scrapped TfL's plans on the grounds there was not a "strong democratic mandate" following complaints [...]
TfL warns of no Piccadilly Line service and further disruption from Tube strike across four days this week July 9, 2018 Transport for London (TfL) has today warned there will be no Piccadilly Line service if a Tube strike across four days this week goes ahead from Wednesday. TfL said there will be no service on the Piccadilly Line throughout the four-day period from 9pm on Wednesday 11 July to 1am on Saturday 14 July, including [...]
What you need to know about this week’s Tube strike across four days with no Piccadilly Line service and busier stations than usual July 9, 2018 Brace yourselves folks, for a Tube strike is on the cards for this week – and it's set to span four days. Transport for London (TfL) has put out some travel advice in preparation for the walkout which gets underway on Wednesday 11 July, but it is hoping the Rail, Maritime and Transport (RMT) union [...]
Talks held to stave off this week’s big Tube strike being carried out by Piccadilly Line drivers across four days July 9, 2018 Talks will be held in an effort to stave off a big Tube strike planned across four days this week, with the dates coinciding with President Trump's planned visit to London and other parts of the UK. The Rail, Maritime and Transport (RMT) union is planning four days of strike action from 9pm Wednesday 11 [...]