Tim Martin warns against pub crackdown as JD Wetherspoon smashes profit expectations October 4, 2024 Profit at JD Wetherspoon over the last year exceeded even the high expectations from the market, bringing in £73.9m of pre-tax profit, compared to expectations of £72m. The chain of pubs reported it had made more than £2bn in sales over the year to the end of July, an eight per cent increase from last [...]
Last orders for Amy Lame, but London still needs a night czar October 4, 2024 Amy Lame let Londoners down but that doesn’t mean we should abolish the post of night czar altogether. There are three ways we can make sure the next person to hold the post make the capital a 24-hour city, writes James Ford After eight years in post, Amy Lame is calling time on her tenure [...]
HS2: Never a cheaper time than now to dig Euston tunnel, rail minister told October 3, 2024 Whether HS2 finishes at Euston or at Old Oak Common, in London's outer suburbs, has been shrouded in uncertainty throughout this year.
Siemens chief hails ‘vote of confidence’ in new £200m train factory October 3, 2024 Siemens today opened its £200m rail manufacturing facility in Goole, East Yorkshire, where it intends to build trains for the Picadilly Line.
New ‘safe’ City of London cycle route to link Aldgate, Bank and Blackfriars October 3, 2024 A new £4.5m cycleway linking Aldgate to Blackfriars via Bank Junction has been proposed by the City of London Corporation.
Socialists won’t stop my bumper bonus, says Wizz Air boss October 3, 2024 Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to City AM in Rome.
LNER: Strikes and storms cost train line over £50m October 2, 2024 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 [...]
James Halstead: Flooring supplier nears ‘dividend king’ status with 49th straight yearly hike October 1, 2024 Flooring manufacturer James Halstead is nearing "dividend king" status after hiking investor payouts for almost 50 years straight.
How private equity swallowed up the UK – and why it’s unsettling regulators September 30, 2024 Private equity has been buying more and more of the UK over the past decade, with thousands of listed or private businesses now snapped up by buyout funds and venture capital investors. Iconic British businesses like Morrisons, Pret A Manger and Asda have been swallowed up by private capital, with deals like the takeover of [...]
Ten London train stations hit by ‘Islamophobic’ cyber attack on Network Rail September 26, 2024 Nineteen stations across the UK have been affected by the cyber attack on Network Rail, with only London St Pancras not impacted.