Tullett set to square up to BGC in court October 11, 2009 TULLETT Prebon and BGC Partners will this week commence battle in the High Court, as the City hangs attentively on every word to glean sensational details about the aggressive high-octane world of inter-dealer broking. Tullett, led by City veteran Terry Smith, alleges that BGC tried to poach at least 55 of its top broking staff [...]
Owen strikes late to snatch derby spoils September 20, 2009 SEETHING Manchester City manager Mark Hughes railed at referee Martin Atkinson after seeing his side sunk in arguably the most scintillating Manchester derby ever by Michael Owen’s controversial last-gasp strike. Hughes was fuming after substitute Owen steered home the winning goal in the 96th minute, despite Atkinson having indicated there would be only four minutes [...]
National Express strikes are off September 16, 2009 Strikes on National Express’ East Anglia route, which were set to last for six days, have been called off. Drivers’ union Aslef and the rail company reached a deal on pay after weeks of talks. The union will take a 3.5 per cent pay rise over two years, plus a productivity settlement which may mean [...]
Strike resolved, RMT union says August 19, 2009 The Rail, Maritime and Transport Union (RMT) said yesterday the issue of job cuts on London Underground (LU), which led to a 48-hour strike in June, has been resolved. The RMT said it was a “major victory” as the strike action had saved its members from compulsory redundancies. LU disputed RMT’s claims, saying it had [...]
Rail strike action called off August 13, 2009 Strikes which had caused misery for tens of thousands of City commuters were called off yesterday, as National Express appeased its unions with an improved pay offer. Aslef, the RMT and TSSA union members had caused chaos on the East Anglia line. Planned walk-outs for later this month are also expected to be called off.
City hit by more strikes August 12, 2009 THOUSANDS of City commuters will face further misery today and tomorrow, as a third 48-hour strike begins on National Express’ East Anglia line. The situation is set to escalate, as union bosses announced that a full week of strikes – planned for next month – will follow the four planned walk-outs that have disrupted journeys [...]
More rail chaos as drivers stage strike August 5, 2009 CITY workers are set for further commuting strife today, after talks between the RMT union and National Express East Anglia fell apart yesterday. A 48-hour walkout, the second in a set of four strikes planned over the summer, started at midnight last night. The East Anglia route is a major channel for City commuters, shuttling [...]
Train strikes hit London July 30, 2009 RAIL strikes caused havoc for commuters travelling on the National Express East Anglia train services yesterday, as members of the Rail Maritime and Transport (RMT) and Aslef unions took industrial action over a pay dispute. The 48-hour walk-out had “crippled” services, the unions said. Many commuters stayed at home as a limited peak-time service failed [...]
Commuter chaos in the City as RMT takes industrial action over salaries July 29, 2009 THOUSANDS of London commuters face travel chaos today and tomorrow, as workers on the National Express East Anglia franchise go on strike for 48 hours over pay. Services to Cambridgeshire, Norfolk, Suffolk and Essex will be affected and the action will disrupt many lines in and out of London, including trains for Stansted Airport, Southend [...]
Lawson: The Tories need to find the bottle to cut public spending July 2, 2009 FORMER chancellor Lord Lawson is feeling hot under the collar. It’s not just because he’s finished delivering a lecture in a stuffy, airless room at the London Stock Exchange. He’s also fed up with travelling on the underground in the sweltering heat. “The problem with the tube is not so much the heat,” he tells [...]