RAF jets sent to intercept Russian bombers after they approach UK airspace February 9, 2017 No need to panic but RAF fighter jets have been dispatched to monitor two Russian bombers, which flew near UK airspace. The pair of Tupolev TU-160 Blackjack bombers were in the UK's area of interest, but didn't enter British territorial airspace. So no worries then… RAF Typhoons were dispatched from the Lossiemouth base in Scotland [...]
RMT’s row over role of the guard to spread as it ballots Arriva Rail North workers for strikes February 9, 2017 Southern rail and Aslef union might have struck a deal in the long-running dispute over the role of the guard (subject to a members' referendum), but the Rail, Maritime and Transport (RMT) union is yet to follow suit. And now it's balloting workers on Arriva Rail North for strikes in another row over the role of [...]
Guy Hands’ Terra Firma completes disposal of all Infinis Energy assets February 9, 2017 Terra Firma has agreed to sell the onshore wind assets of renewable energy firm Infinis to JP Morgan, bringing to an end Guy Hands’ ownership of the Infinis group. Terra Firma, owned and run by Hands, floated Infinis in 2014 but took it private again after then-chancellor George Osborne introduced a series of levies on green [...]
Trump: I’ve got a corporate tax reform coming. It’s the best corporate tax reform. It’s just phenomenal. February 9, 2017 Airline shares rose this afternoon after it emerged Donald Trump is planning a "phenomenal" tax announcement in the next couple of weeks. At a meeting with airline bosses this afternoon, Trump promised to ditch "burdensome regulations" and said a corporate tax announcement in the next couple of weeks will "lower the overall tax burden of [...]
McLaren’s opening a £50m supercar chassis facility in Sheffield February 8, 2017 Supercar maker McLaren is revving up the UK's manufacturing credentials with the announcement it's moving production of carbon fire chassis from Austria to the UK. It's moving into Sheffield with a £50m investment in manufacturing facilities, creating 200 jobs in the process, as the firm looks to launch a production facility next to the University [...]
Boeing pens letter to MPs to hit back at Airbus claims it would relish Brexit fallout February 8, 2017 Boeing has hit back at warnings raised by Airbus over the potential negative impact of Brexit to its business, and its American rival being keen to take advantage. Airbus' chief operating officer Tom Williams had given evidence to the Treasury Select Committee last month, saying it would be "pretty scary" if Airbus wasn't able to operate a [...]
“Serious questions” over mayor Sadiq Khan’s ability to balance the books as TfL fares income is down £90m February 8, 2017 The mayor has come in for criticism after Transport for London (TfL) revealed a £90m shortfall in income for the year to date against budget, pointing to fewer passenger journeys. Figures released at the February TfL meeting revealed income shortfalls across all forms of transport, with overall fares income down £90m against budget, "driven by [...]
Emirates is riding out turbulence in the airline sector and its brand is even jumping ahead of British Airways February 8, 2017 Ryanair's recent profit drop underlines how tough the airline sector is currently. It’s a good time to have a closer look at one airline whose consumer perception is standing up well in a highly competitive industry – Emirates. Our recent YouGov BrandIndex brand rankings point towards the success the high-end airline has enjoyed over the [...]
Gospel Oak to Barking line reopens on 27 February but more disruption is on the cards after work wasn’t completed on time February 7, 2017 Good news: the London Overground line between Gospel Oak and Barking will reopen to passengers on Monday 27 February. Bad news: despite a phased eight-month closure, the work hasn't been finished on time and more needs to be done. Work began on the £130m upgrade in June 2016. Along the 14-mile route, a number of [...]
Aslef says there are “serious misunderstandings” about its deal with Southern rail February 7, 2017 Aslef has said there are "serious misunderstandings" around the deal it has agreed with Southern rail to resolve the long-running row over changes to guards' roles. Details of the deal were given to drivers over the weekend and the agreement has been described as a "shocking betrayal" by the Rail, Maritime and Transport (RMT) union. The deal [...]