Why unleashing competition would deliver lower fares and greater choice to rail passengers January 9, 2017 The UK’s rail passengers are suffering, and will no doubt continue to do so over the coming months. Union action is bringing the network to a standstill, with further strikes planned for this week. The level of sickness leave among train staff has also been mysteriously increasing, and has doubled compared to pre-strike levels, according [...]
The average price of leasing popular cars surges eight per cent in two months thanks to post-Brexit vote inflation January 9, 2017 While the process of Britain leaving the European Union hasn't yet started, the wheels are already in motion for a rise in the cost of cars to consumers. The monthly cost of leasing a basket of some of the more popular car models has risen by an average of eight per cent, from £245.70 to £264.70, [...]
Ryanair boss Michael O’Leary: Voters were “lied to” by Brexit campaigners over staying in the Single Market January 8, 2017 Michael O'Leary hasn't shied away from criticism of Brexit, and has warned the impact on the airline industry could be substantial. He said people were promised they could leave the EU and stay in the Single Market. "It's now absolutely clear that they were lied to by the exiters. That offer is not on the [...]
Tui in talks with Swiss firm Kuoni and American companies KKR and Warburg Pincus over Travelopia sale January 8, 2017 Tour operator Tui is in talks with Swiss rival Kuoni and American buyout giants KKR and Warburg Pincus over the sale of a range of travel websites. In September of last year, Europe's biggest tour operator confirmed it had asked Citigroup to find a buyer for specialist holiday arm Travelopia in a deal potentially worth €500-600m (£428m-£514m). [...]
Two essential maps for walking around London during the Tube strike January 8, 2017 Commuters face more crazy travel troubles as Tube workers prepare to go on strike starting from 6pm on Sunday evening. London Underground stations in Zone 1 are expected to be severely disrupted with many closed, meaning that travellers will have to find alternative routes to their destinations if still travelling into the city. Read more: There's [...]
Bad news commuters: A 24-hour Tube strike is going ahead from 6pm after unions reject last-ditch offer January 8, 2017 The Transport Salaried Staffs' Association (TSSA) has rejected a new offer on jobs from the London Underground in a bid to avoid a 24-hour strike. The union said its members are going ahead with the industrial action from 6pm on Sunday. It comes after the biggest rail union, the Rail, Maritime and Transport (RMT) union, [...]
Tube talks have failed – Monday’s strike is expected go on January 7, 2017 A last-ditch meeting between Transport for London (TfL) and unions to prevent tomorrow's Tube strike fell apart after the RMT union left the talks declaring the strike would go ahead. The Transport Salaried Staffs Association (TSSA) union and London Underground remain in talks at conciliation service Acas. John Leach, regional organiser for RMT told reporters London Underground's position has not changed [...]
Costs for repairing potholes are shooting up, and councils have warned they can’t afford to fix them January 7, 2017 This year could be the "tipping point" for potholes, councils warn, as a new analysis suggests the repair bill could reach £14bn within two years. The cost of repairing potholes has been steadily growing as recent harsh winters ravage roads and decades of government underfunding leave councils barely able to cope, according to the Local Government Association (LGA), which represents [...]
Final talks to stop Monday’s massive Tube strike are being held today January 7, 2017 A last-ditch attempt to put off a massive 24-hour Tube strike by London Underground workers is taking place today. After talks between the unions and Transport for London (TfL) to avert the strike fell apart yesterday, the Transport Salaried Staffs' Association TSSA union said more talks would be held today, the Press Association reported. The strike, which will affect most London Underground [...]
Boeing deliveries hit target but orders fail to match up in 2016 January 6, 2017 Boeing has announced it hit its delivery target of new planes in 2016, but new orders for the aircraft manufacturer failed to match up. 748 planes were delivered in 2016, according to the American aircraft manufacturer, compared to 762 airplanes delivered the year before. Boeing had previously said it would receive orders for new aircraft [...]