The Notebook: Neil Bennett on strikes, why public markets matter and the Lehman Trilogy February 1, 2023 When my old friend James Ashton (former City Editor of the – ahem – Evening Standard) told me a few weeks ago that he had become CEO of the Quoted Companies Alliance, I felt like sending him my St Jude pendant, for the patron saint of lost causes. For the quoted company sector has been [...]
Strikes happening TODAY: Hundreds of thousands of school and rail workers walk out as students and commuters left stranded February 1, 2023 Hundreds of thousands of workers – including school teachers – are going on strike for what will be the biggest day of industrial action in more than a decade. Teachers in England and Wales, who are members of the National Education Union (NEU), will embark on their first day of strikes on Wednesday, which threaten to disrupt more [...]
Hydrogen darling ITM Power to cut over 100 jobs as it grapples with heavy losses January 31, 2023 Hydrogen player ITM Power has slashed staff numbers by more than 100 people in a bid to shore up costs amid heavy losses.
Walkout Wednesday: The London bus and train services affected by this week’s strikes January 31, 2023 Hundreds of thousands of workers will go on strike in separate disputes over pay, jobs and conditions in what will be the biggest day of industrial action in more than a decade. Teachers, university lecturers, train drivers, civil servants, bus drivers and security guards in seven trade unions will stop work on the same day. [...]
Strength in numbers, when we look and sound the same, we tend to also think the same January 31, 2023 Consensus is great for comfort (familiarity). However, be it legacy (group) thinking in an industry sector, or the blind spots that often come from being the incumbent, consensus is most definitely not great for voicing change, surfacing new ideas, driving innovation. Rory Sutherland talks about this from a Behaviour Psychology viewpoint. In the transport sector [...]
No, HS2 won’t stop in west London, but it does show us why transport projects fail January 31, 2023 Last week, the long delayed high speed railway HS2 had another turn around the rumour mill, following suggestions it would end in west London. The hint of another hurdle shows us why politicians often ruin transport projects, writes Adam Tyndall. HS2 is happening and it will terminate in central London – despite the latest flurry [...]
Hospitality braces for £100m in lost sales ahead of biggest day of strikes in over a decade January 30, 2023 Retail and hospitality figures have described strike action set to take place on Wednesday as “damaging” to the sector and “entirely avoidable”. Kate Nicholls, chief executive of UKHospitality told City A.M. she estimates union strikes this week will set the sector back a further £100m in lost sales, with “much of that impact being felt [...]
Skiing in St Moritz and Pontresina, the Swiss towns where British ski holidays were born January 29, 2023 The Grand Hotel Kronenhof is like a Wes Anderson movie brought to life. You join me in Pontresina, in Switzerland’s Eastern Alps, a pretty little mountain town of 18th century villas and Belle Epoque buildings. The hotel itself is large and neo-baroque, crowned with a jaunty green dome, and was opened in 1848 before being [...]
Flybe heads for administration leaving staff and passengers in limbo January 28, 2023 Regional carrier Flybe has ceased trading and all scheduled flights have been cancelled, authorities have said. The UK Civil Aviation Authority (CAA) made the announcement the company had gone into administration and urged those with booked Flybe flights not to travel to airports. Three early Flybe flights from Belfast, two from Birmingham and two from [...]
Hunt: ‘No conceivable circumstances’ where HS2 does NOT reach Euston – as £1bn spend on its station is breached January 27, 2023 HS2 Ltd’s work at Euston started six years ago with more than £1 billion already spent, as chancellor Jeremy Hunt said it’s not “conceivable” it won’t reach London. Chancellor Jeremy Hunt said he did not see “any conceivable circumstances” in which HS2 would not run to its planned central London terminus at Euston, amid reports [...]