HS2 announces CH2M’s European boss Mark Thurston as new chief executive January 26, 2017 HS2 has appointed CH2M's Mark Thurston as its new chief executive. His appointment comes after a five-month hunt, which considered 20 potential candidates working on projects across the globe. Thurston is currently the regional managing director overseeing CH2M's European operations and will take up his new role in the spring (after handing over leadership duties [...]
Major rebuilding works are going on at London Waterloo station this August as passengers are told to stay away January 26, 2017 Not the best day to have this news announced what with the Tube strike causing trouble on the Central and Waterloo & City Lines… But Network Rail and South West Trains have announced details on major upgrades going on at London Waterloo this August – and thousands of passengers will want to avoid it. From [...]
There’s going to be a Tube strike all of today: Here’s what you need to know January 26, 2017 It hasn't even been a month since the year started with a bang thanks a Tube strike which shut down most Zone 1 stations and caused commuter chaos. But we're already facing another one, which will affect the Central and Waterloo & City Lines. So, here's what you need to know to make any journeys as pain-free as possible… [...]
Uber hasn’t destroyed jobs according to a new study – although taxi driver wages have suffered January 25, 2017 Uber has created more jobs than it has destroyed, according to a new study, despite regularly being characterised as one of the villains of the so-called sharing economy. The number of self-employed drivers rose by 50 per cent in cities where Uber started operations, more than compensating for jobs lost in the taxi sector, researchers [...]
Boeing beats expectations and plans to ramp up commercial aircraft deliveries for 2017 January 25, 2017 Boeing announced stronger than expecting earnings for its fourth quarter and has said it will top the 748 commercial aircrafts delivered last year. It did though, provide a softer sales outlook for the coming year. Read more: Airbus warns on future investment over Brexit free movement The figures The aerospace giant announced full-year revenue of $94.6bn and fourth [...]
Tube drivers will stage a 24-hour strike on the Central and Waterloo & City lines from 9pm tonight January 25, 2017 Tube drivers on Central Line East will start a 24-hour strike from 9pm tonight, the Rail, Maritime and Transport (RMT) union has announced. The union said the strike, also affecting the Waterloo & City Line, will finish at 20:59 on Thursday 26 January. RMT said the dispute is over the "forced displacement" of staff. Read more: [...]
Airbus senior exec warns on UK future investment over Brexit free movement January 24, 2017 A senior Airbus executive has warned the company's future investment could be hit if Brexit disrupts the movement of talent and products. "At the moment we're continuing to invest because we take the view that Airbus in the UK is an integral part of the family of Airbus, so we're still highly committed to the UK," said Tom Williams, chief operating [...]
EasyJet founder Sir Stelios Haji-Ioannou announces protest vote against fleet expansion as shares slide January 24, 2017 EasyJet founder – and largest shareholder – Sir Stelios Haji-Ioannou is not impressed with the airline's latest update and is making a protest vote at the upcoming annual general meeting (AGM). He said EasyGroup, which owns a third of the airline's shares, had noted the airline's first quarter update "and the share price slump that has ensued" [...]
Do you travel with the UK’s worst train company? January 24, 2017 It's official: Southern is the UK's worst train company, according to a new study. The National Rail Passenger Survey, conducted during Autumn last year, found passengers using Southern train services were the UK's most miserable, with 19 per cent saying they were dissatisfied. Just 65 per cent said they were satisfied – the lowest of [...]
EasyJet shares fall eight per cent: Analysts say European short-haul “dogfight” continues January 24, 2017 EasyJet was braced for a bumpy ride today as shares nosedived as much as 8.5 per cent this morning. The airline recorded passenger numbers on the rise for the first quarter – up 8.2 per cent, though revenue per seat fell 8.2 per cent at constant currency. And revenues were up 7.2 per cent. But – [...]