Mercedes recalls ‘compelling evidence’ of nitrogen oxide problem, lawyers say October 12, 2020 Lawyers building a class action against Mercedes alleging that the carmaker has deliberately engaged in emissions fraud said that the firm’s latest recall of diesel vehicles is “compelling evidence” that it has a nitrogen oxide emissions problem. London law firm Fox Williams says that the auto giant programmed an emission defeat device during test conditions [...]
Alex Cruz: Five days to forget for the outbound British Airways boss October 12, 2020 The travel world awoke to a shock this morning as it was announced that British Airways boss Alex Cruz would leave the firm with immediate effect. He departs with aviation mired in the deepest crisis in its history, with passenger numbers still at historic lows due to the coronavirus pandemic. The decision is the first [...]
Revealed: The highest paid graduate finance roles in Europe October 12, 2020 Graduates who land highly sought after roles in finance could be paid as much as £43,797, a new survey has found.
Petropavlovsk deputy chief out as Hambro era comes to an end October 12, 2020 Petropavlovsk’s deputy chief executive has today left the firm as the Russia-focused gold miner shakes off the last traces of the Peter Hambro era. Alya Samokhvalova, who had been with the company for nearly two decades, was a key member of the mining group’s old guard. She took on the role of temporary chief exec [...]
National Express appoints Fedex veteran as new chief exec October 12, 2020 Bus and coach operator National Express has today appointed a new chief executive as it seeks to move forward amid the coronavirus pandemic. Jose Ignacio Garat will take the top job at the FTSE 250 company from the 1 November, with interim chief exec Chris Davies remaining as group finance director. Davies was appointed after [...]
Heathrow Airport passenger numbers plummet over 80 per cent in September October 12, 2020 Just 1.3m passengers travelled through Heathrow Airport in September, down 82 per cent on the same month last year, as the coronavirus pandemic continued to hammer aviation. With blanket quarantine restrictions limiting long-haul travel, over half the passengers came from destinations in the EU, the figures showed. However, since the government laid out its travel [...]
London City boss: Airport testing can be ‘shot in the arm’ for economy October 12, 2020 The boss of London City airport has urged the government’s new travel taskforce to lay out how it will implement a coronavirus testing regime. Robert Sinclair said that doing so would “deliver a much-needed shot in the arm for business air travel, boosting economic growth across every region and every sector.” “We know the demand [...]
Business groups urge ministers to back negative emissions push October 12, 2020 Business groups have written to the Chancellor and a number of other Cabinet colleagues urging them to support negative emissions technologies to “build back better” from the coronavirus pandemic. In an open letter, industry heavyweights Drax, Heathrow Airport, BA owner IAG and the CBI called on ministers to show a “clear, unambiguous commitment” to support [...]
Hospitality and manufacturing jobs at risk as coronavirus accelerates rise of the robots October 12, 2020 Jobs in hospitality, leisure, and manufacturing are among the most likely to be lost as the coronavirus pandemic accelerates the automation of the economy. A new survey by the Royal Society of Arts, Manufactures and Commerce (RSA) shows that the pandemic has led to rapid digitalisation of swathes of sectors. In the hospitality industry, for [...]
Retail body accuses government on inaction on garment worker abuse October 11, 2020 The trade body for the UK retail sector has said that the government has carried out no “significant action” to protect textile workers from exploitaiton. In a letter to home secretary Priti Patel, the British Retail Consortium (BRC) said: “Despite numerous reports in the media, and a previous letter to the home secretary signed by [...]