EasyJet share price is being hammered after it warned Brexit could hit it hard June 27, 2016 Shares in airline EasyJet fell as the market opened, after it warned the outcome of the EU Referendum is likely to hit it where it hurts – on top of French air traffic control strikes and the Egyptair tragedy. The airline's share were down 7.4 per cent to 1,217.4p in early trading, after it said in [...]
Over 50 business leaders have called for an “urgent” decision on airport expansion almost exactly a year after an official report lent its support to a new Heathrow runway June 27, 2016 Over 50 business leaders have called on the government to urgently make a decision on expansion of capacity at London's airports, a year after an official report backed a new runway at Heathrow. Prior to last week's Brexit vote, reports had suggested that a decision could be made as soon as 7 July. However, following [...]
Tips to make sure you’re prepared for the crowds and disruption June 24, 2016 Business travel can be both inspirational and a chore. With Euro 2016 now well underway, those lucky (or unlucky) enough to be sent across the English Channel on business may be in store for some disruption. Companies must ensure a seamless travel experience if they want their staff to be on the ball in early [...]
Evening tube chaos: Flooding hits Circle, Bakerloo, District, DLR, Hammersmith and City, Metropolitan, Waterloo and City, and overground lines as some stations are shuttered June 23, 2016 Flooding is causing chaos across the London underground this evening as commuters battle against the elements to reach polling stations. Monument Station remains closed and has been for much of the day due to flooding as the heavens opened on the day of the EU referendum; engineers are working to fix the problem. The Circle line still has sever delays [...]
Fiat Chrysler steps up recalls after actor’s death, now wants 13,000 Maserati cars back for rollaway issue June 23, 2016 Fiat Chrysler is accelerating the recall of cars in the US that could be at risk of rolling away after drivers mistakenly thought they had put the car in park. The world's seventh largest car maker is is recalling 13,092 Quattroporte and Ghibli luxury cars in the US, through its Maserati unit. Earlier this year Fiat Chrysler recalled 1.1m vehicles around the world over [...]
Rail strike: 24-hour industrial action on Southern trains causes travel disruption June 21, 2016 A 24-hour train strike on key commuter routes has caused chaos as a dispute continues between RMT union and Southern rail. Southern has had to cancel certain trains, while others are expected to be severally delayed, including routes to London Victoria. Southern said: "The strike will have a significant effect on Southern services on the whole [...]
Rail commuters could see annual fares rise by more than £100 in the aftermath of a Brexit vote, Remain campaigners say June 21, 2016 Annual rail fares could face hundred-pound increases according to new figures. Fares between London and Oxford could climb by more than £150, while an annual fare from Ashford to London could rise £165. Annual travel between Liverpool and Manchester would rise by £80. Rail far rises are currently capped by inflation, but Remain campaigners have [...]
Boeing is selling 100 planes to Iran June 20, 2016 Iran has reached a deal to buy 100 Boeing planes, the head of Iran's Civil Aviation Organisation has told state media. Ali Abedzadeh added the two sides are waiting on approval from the US government. "Of the 250 [passenger] planes in Iran, 230 have to be replaced," Abedzadeh told Mehr News Agency. He added that no timeline [...]
VW set for face-off with investors in Germany at shareholders’ meeting June 19, 2016 German car giant Volkswagen will face the ire of investors on Wednesday. Questions are expected to focus on the firm’s board structure and lingering issues over emissions. Advisory groups have come out in force against the company. Hermes, EOS, Institutional Shareholder Services, and Pensions and Investment Research Consultants (Pirc) have urged clients to reject a [...]
London transport officials in early-stage talks to bring mobile coverage on to underground June 19, 2016 The London underground could be getting mobile coverage after it emerged Transport for London (TfL) is in talks with several potential providers. The discussions, still in their early stages, are thought to involve a division of the US networking giant Commscope, Airvana, which specialises in providing mobile signals in small spaces. The plans to bring [...]