Is the UK rail industry getting back on track? Business With no more strike action and reform well-underway, the signs are looking positive of the UK's railway industry.
Northern Trains overcomes ‘uncertain and challenging times’ as revenue passes £1bn Transport and infrastructure Northern Trains has posted a revenue of £1bn for its latest financial year after battling “uncertain and challenging times”. The operator has posted a total revenue of £1.07bn for the year to 31 March, 2024, up from the £982.6m it posted in the prior 12 months. Newly-filed accounts with Companies House also show its revenue [...]
LNER: Strikes and storms cost train line over £50m Transport and infrastructure The impact of a series of severe storms and continued strike action cost London North Eastern Railway (LNER) more than £50m during its latest financial year, it has been revealed. The train operator said industrial action in the year to 31 March, 2024, reduced its revenue by £25.9m while extreme weather also impacted its revenue [...]
Train drivers accept £9K pay deal to end two years of UK rail strikes September 18, 2024 Train drivers on Wednesday voted to accept a new pay deal, bringing to an end a two-year industrial dispute over pay and conditions.
Carlton Club: A year of ‘successes and challenges’ for London private members’ club September 13, 2024 The Carlton Club has described facing both “successes and challenges” in its latest financial year as it battled high inflation, rising energy costs, train strikes and wage increases. The private members’ club said “unwelcome challenges” impacted its financial performance in 2023 but that it still managed to increase its surplus before tax by almost £200,000. [...]
JD Wetherspoon: Tim Martin’s chain reveals when its new London Waterloo pub will open August 27, 2024 Sir Tim Martin’s JD Wetherspoon will open a new pub in Waterloo Station next week, creating 70 jobs and serving Brits waiting for delayed trains. The budget boozer said it has spent £2.8m on developing the new watering hole, called the Lion & the Unicorn, inspired by a building from the 1951 Festival of Britain. [...]
Train strikes to restart sparking anger from City bodies and hospitality groups May 6, 2024 Britain's railways are bracing for yet another round of industrial action as train drivers stage walkouts throughout next week.
London train strikes: Everything you need to know ahead of May bank holiday week disruption May 2, 2024 There will be more disruption over the May bank holiday week as train drivers stage yet another round of strikes. City A.M. has all the details.
London Underground to face more strikes this week as customer service managers walk out April 24, 2024 The London Underground is set for disruption this Friday and Saturday after customer service managers announced further strike action.
Fresh train strikes to disrupt commuters in May as drivers walk out again April 22, 2024 Train drivers at 16 rail companies will launch another series of one-day strikes in May, it has been announced.