Pilot strikes hits British Airways owner IAG’s profits October 31, 2019 Pilot strikes and fuel costs have dented third quarter profit for British Airways’ owner in line with its September profit warning. International Airlines Group (IAG) posted a third quarter operating profit of €1.42bn (£1.22bn), representing a 7.7 per cent decline from the corresponding period last year. Read more: IAG issues profit warning after British Airways [...]
Revealed: TfL tightened Uber’s driver checks in London licence extension October 30, 2019 Uber’s licensing restrictions have been revealed to include stringent checks on drivers’ documentation and insurance, prompting claims the ride-hailing app has in the past harboured unlicensed drivers. Restrictions were placed on Uber by Transport for London (TfL) in September as a part of a two-month licence extension in September. Read more: Uber suffers blow as [...]
People’s Vote staff on strike in an attempt to oust new chief executive October 30, 2019 The People’s Vote offices have been left virtually empty today after staff went on strike to oppose the current leadership. A staffer told City A.M. that 40 permanent staff of the organisation will not return to work under new chief executive Patrick Heneghan, after they voted no confidence in him and his millionaire backer Roland [...]
Grenfell survivors welcome inquiry report October 30, 2019 Survivors and bereaved family members of the Grenfell Tower fire have welcomed a report into the disaster, which found there were “systemic failings” by the London Fire Brigade (LFB). Grenfell United – an organisation for “bereaved, survivors and community of Grenfell Tower” – said the report was “strong” and urged the LFB to make changes [...]
Amber Rudd to quit parliament at general election October 30, 2019 Former Home Secretary Amber Rudd has said she will not stand in December’s general election, but will likely return to the Conservative party before leaving. She joined Patrick McLoughlin, former transport secretary and Conservative party chairman, who also announced this morning he would not be contesting his seat at the snap election. Read more: Therese [...]
Boris Johnson expects a ‘tough election’ October 30, 2019 Boris Johnson has said he is prepared to fight a “tough” election after parliament agreed to a 12 December snap poll yesterday. Opposition parties granted the Prime Minister a general election after voting against previous attempts on several occasions. Read more: It’s on: Christmas election to decide fate of Brexit…maybe The bill, setting out the [...]
Ten ex-Tory rebels set to have the whip restored by Boris Johnson October 29, 2019 Ten of the 21 expelled ex-Tory rebel MPs have had the whip restored by Boris Johnson, including Winston Churchill’s grandson Nicholas Soames. Read more: Tory rebels vote with Labour to help prevent a no-deal Brexit Soames, Alistair Burt, Caroline Nokes, Greg Clark, Ed Vaizey, Margot James, Stephen Hammond, Steve Brine, Richard Harrington and Richard Benyon [...]
Plus500 records steady third quarter revenues after a jump in customers October 29, 2019 Shares in online trading services firm Plus500 are up almost 6 per cent in today’s trading, after a larger than expected increase in third quarter customers. The firm’s trading update revealed a 10 per cent annual increase in third quarter revenue to $110.6m (£86.3bn), which was in line with expectations. Read more: Pre-tax profit at [...]
Polls put Conservatives in line for a comfortable election victory October 29, 2019 An aggregate of recent polling predicts the Conservatives will have a comfortable victory over Labour as parties begin to get on election footing for December. An average of major polls in October has the Tories with 35.69 per cent of the vote, according to City A.M.‘s own analysis. That compares to 25.13 per cent for [...]
People’s Vote chaos: Members of staff vote no confidence in new leadership October 29, 2019 New People’s Vote chief executive Patrick Heneghan has threatened to sack 40 members of staff, after they voted no confidence in him and his millionaire backer Roland Rudd at a crisis meeting. Campaign staffers went to the Hilton hotel to meet with the pair this morning to discuss the sacking of campaign director James McGrory [...]
