British Airways cabin crew start fresh week-long walkout in dispute with airline over “poverty pay” March 3, 2017 British Airways has remained bullish about flying all customers to their destinations as cabin crew members start the first day of a fresh week-long strike in the ongoing row over "poverty pay". BA said the vast majority of flights to and from London Heathrow will operate as normal, but said a "very small number" of flights will be merged [...]
Taxi for Uber: High Court rules in favour of TfL saying private hire drivers will have to pass a written English exam March 3, 2017 Uber has lost a key part of its High Court case against Transport for London (TfL), after a High Court ruled private hire drivers will be forced to pass a written English exam. The firm did though, win other parts of its case, so it won't have to provide a telephone call centre for passengers open 24 hours [...]
Great Western electrification might miss new 2018 target and £2.8bn budget, MPs warn March 3, 2017 The Great Western electrification project might miss its revised delivery target of December 2018 and £2.8bn budget, MPs have warned. The government and Network Rail's failings on the cost estimations and planning of the project throws into doubt their ability to manage similar projects, the Committee of Public Accounts (PAC) said today. The estimated cost of [...]
Wizz Air passenger numbers are flying after airline announced new UK base at London Luton last month March 2, 2017 Low-cost Hungarian carrier Wizz Air has announced a bumper rise in passenger numbers for last month. Passenger numbers rose 21.8 per cent to 1.7m compared to the same month last year, while load factor, gauging how full the planes are, rose from 86.4 per cent in February 2016 to 91.9 per cent. On a rolling 12 [...]
Getting Brexit ready? German rail operator revives plans for high-speed London to Frankfurt trains March 2, 2017 Express trains from London to Frankfurt might be on the agenda sooner than you'd think. High-speed trains from the capital to Germany's financial centre could be launched as early as 2020 in a move that would help the UK solidify links to mainland Europe in the wake of Brexit. According to The Times, the German rail [...]
Cobham unveils £500m rights issue as profits fall by a third March 2, 2017 Troubled defence giant Cobham today announced a £500m rights issue – as it unveiled a 37 per cent fall in pre-tax profits. The aerospace company, the inventor of air-to-air refuelling, said underlying pre-tax profits fell to £175.2m in the year to the end of December, from £280.4m last year. Revenues fell to £1.94bn, from £2.07bn, [...]
Here’s the new luxury SUV Range Rover Velar in all its glory – and it’s being built exclusively in Britain March 2, 2017 The moment has arrived. Jaguar Land Rover has unveiled the newest addition to the Range Rover family aimed at "filling the white space" between the Range Rover Evoque and the Range Rover Sport. And it does so in both size and price. Read more: Range Rover confirms new Velar SUV will be built "exclusively" in Britain [...]
The SMMT says “anti-diesel agenda” could hinder progress made by car industry on cutting CO2 emissions March 2, 2017 Despite UK CO2 emissions falling for the 19th consecutive year, the Society of Motor Manufacturers and Traders (SMMT) has warned an "anti-diesel agenda" threatens to impede progress. The UK car industry beat CO2 targets for last year, with carbon tailpipe emissions falling to an all-time low in 2016. They were 1.1 per cent lower than [...]
A signal failure on the Northern Line is still causing severe disruption for the capital March 1, 2017 The Northern Line is still dealing with severe disruptions after a signal failure this morning. While the issue has been fixed, it took longer than anticipated and Transport for London said it doesn't have a timescale of how long it'll take the line to get back to normal service. So commuters heading home in rush [...]
CRH shares jump as Trump plans to ramp up infrastructure spending in the US March 1, 2017 Shares in CRH have risen more than five per cent today as US infrastructure spending is seen growing further in 2017. The figures The Dublin-based group posted pre-tax profit up 69 per cent to €1.74bn (£1.49bn) while earnings before interest, tax, depreciation and amortisation (Ebitda) for the full year increased 10 per cent on a proforma basis to €3.13bn. Basic earnings per [...]