‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Embattled Southern rail operator Govia bills Network Rail for more than £48m October 21, 2016 The owner of Southern Rail, the operator at the centre of a bitter industrial dispute, stung Network Rail for more than £48m in fines during the last fiscal year. Govia – which runs the beleaguered Southern Rail network as well as the Thameslink, Southeastern, Gatwick Express, London Midland and Great Northern lines – billed Network [...]
London’s fanatical cyclists from hell are taking crazy risks with pedestrians’ lives October 20, 2016 Every morning on my walk into the City, I see the brand-new cycle path along the side of Blackfriars Road being put to good use. But every morning, I also see some of you cyclists riding on the pavement next to it, weaving among pedestrians. The special lane made for you, carved out (at significant [...]
North Greenwich reopens after suspect package is blown up in controlled explosion – Met’s Counter Terrorism Command leading investigation October 20, 2016 North Greenwich Tube station has reopened hours after a suspicious item was found on board an eastbound Jubilee Line train. Nearby Canary Wharf station has been very busy as a result of the closure – Tower Hamlets police were advising passengers to opt for other nearby stations if possible. Canary Wharf VVV busy due to North Greenwich closure. [...]
The lengths people will go to for a Nickelback concert at the 02… October 20, 2016 Fans of American rock band Nickelback had been anxiously waiting to find out if tonight's concert at the O2 would go ahead, after a controlled explosion was carried out at the nearby North Greenwich Tube station. A suspicious package was found on board an eastbound Jubilee train this morning, but following discussions with the police, [...]
American Airlines’ share price loses altitude after empty seats and higher labour costs weigh on profits October 20, 2016 The world's largest airline by revenue, American Airlines, has posted a 56 per cent drop in profit for its third quarter, but managed to beat analyst expectations. Shares took a hit however, falling some three per cent in New York after the announcement. The numbers AA's profit dropped out of the sky over the year, falling to $737m (£601m), [...]
London travel disruption: Delays to and from London Bridge until 8pm October 20, 2016 Trains to and from London Bridge are being delayed until 8pm, according to National Rail. A vehicle struck a bridge near the station and examiners were on site assessing the bridge. Delays of up to 20 minutes were initially expected from Southeastern services to and from the station, though an update from the train operator said [...]
Unite to begin balloting Gatwick staff on strike action over closure of pensions scheme October 20, 2016 Unite has announced it will begin balloting 1,800 members for strike action next Friday over the closure of Gatwick’s final salary pension scheme. Surface transport workers, firefighters and security officers are to be balloted, following a 96 per cent vote in favour of doing so in a recent consultative ballot. It will close on 16 [...]
Baggage handler Aviator pulls out of UK airports including Gatwick October 20, 2016 Scandinavian baggage handler Aviator is preparing to close its UK operations, spanning Gatwick, Manchester, Birmingham and Newcastle airports, ahead of Christmas. The move by Aviator, which is understood to be ending its contracts for financial reasons, is set for the end of November and would leave the four airports short of around 1,700 staff. It is [...]
10m journeys have been made with Sadiq Khan’s new bus Hopper fare October 20, 2016 Over 10m journeys have been made in the first six weeks of the Mayor's new bus "Hopper" fare, according to Transport for London (TfL). The milestone journey was made at 4pm on Wednesday afternoon on bus route 322, running from Tesco in Brent Park to Paddington Station. Read more: TfL signs £79m deal with Serco [...]
Planned Southern rail strike on 3 November suspended – following a request from the British Legion October 20, 2016 A Southern rail strike planned for 3 November has been suspended following a request from the British Legion. Southern workers were originally planning to strike on 3 November, as part of a long-running industrial dispute over the role of train guards. However, 3 November is the date of this year's London Poppy Day, which sees thousands of [...]