TUBE LINES STRIKE TO GO AHEAD June 22, 2010 MAINTENANCE workers on the underground will strike this evening after talks between rail union RMT and Tube Lines fell apart. The strike, which will be staged in two parts, is set to commence at 7pm and will last until Friday evening, with another strike planned between 14 and 16 July. Transport for London (TfL), which [...]
Villa’s double puts Spain back on track June 21, 2010 SPAIN(2) vs HONDURAS(0) DAVID VILLA showed why Barcelona dispensed with £35m for his services after his brace put Spain’s World Cup hopes back on the rails at Ellis Park. The former Valencia hitman netted a goal in either half but then missed a penalty as the European champions turned on the style against a shell-shocked [...]
RMT in Tube strike talks June 21, 2010 TALKS TO prevent strikes on the London Underground and Docklands Light Railway (DLR) took place yesterday at conciliation service Acas as rail union RMT met Tube Lines and Serco. Platform and station staff on the DLR, which carries commuters to and from Canary Wharf, are due to walk out for three days starting Wednesday 23 [...]
Commuters hit by DLR strike June 14, 2010 COMMUTERS heading into work later this month will be faced with further disruptions after rail union RMT announced Docklands Light Railway (DLR) workers will walk off the job for three days in June. The dispute, which will see DLR workers strike from 23 to 26 June, is over pay and conditions. RMT general secretary Bob [...]
Two 48-hour Tube strikes to hit London June 9, 2010 LONDONERS are facing severe travel disruptions after rail union RMT announced two 48-hour strikes by Tube Lines maintenance staff starting later this month. Tube Lines workers, which cover maintenance of the Jubilee, Piccadilly and Northern lines, will walk off the job from 23 to 25 June and 14 to 16 July. The strike is likely [...]
Tube Lines boss to quit as strike looms June 7, 2010 TRANSPORT for London (TfL) has begun preparations to take over Tube Lines after overhauling the group’s management structure. Tube Lines chief executive Andrew Cleaves will leave the company following the 30 June acquisition and will be replaced by former Metronet boss Andie Harper. Harper will join Tube Lines this month from the stricken maintenance company, [...]
RMT UNION VOTES FOR TUBE STRIKE June 6, 2010 LONDON’S transport network could be thrown into chaos this summer after tube drivers voted in favour of strike action. A walk-out could spark the worst underground disruption since the two-day strike last June that left thousands of workers stranded. Rail union RMT’s members voted by more than 90 per cent to strike over a “continued [...]
Portugal suffers from jitters on the back of Greek uncertainty April 26, 2010 YIELDS on 10-year Portuguese bonds rose to 5.3 per cent yesterday, as investors fretted over what the Greek debt crisis might mean for some of Europe’s more peripheral economies. Now 10-year bond yields in Portugal have risen from 4.28 per cent a couple of weeks ago and yields on shorter term debt is rising too. [...]
Rail worker strike talks resume April 12, 2010 Network Rail and the Rail Maritime and Transport (RMT) union have resumed talks to resolve disputes between rail maintenance workers and management. Strikes were called off last week after an emergency High Court injunction was granted to Network Rail following a legal challenge to the union’s ballot. RMT’s officials will also meet this week to [...]
BANK OF ENGLAND BOFFIN KNOCKS THE SPOTS OFF THE COMPETITION March 31, 2010 WHEN it comes to pepping up weighty speeches with witty references to popular culture, the boffins from the Bank of England aren’t exactly known for being trailblazers. But Andrew Haldane, the Bank’s executive director for financial stability, tore his peers’ stuffy image to shreds in a speech in Hong Kong this week by managing to [...]