Australian-Spanish consortium makes £647.7m firm bid for Go-Ahead June 13, 2022 A consortium made up by Australian bus operator Kinetic and Spanish infrastructure group firm Globalvia has announced its £647.7m firm offer for Go-Ahead. Recommended by the company’s board, the offer represents a premium of 48.5 per cent to the UK bus operator’s closing price on 25 May as well as a 77.6 per cent increase [...]
P&O and DFDS to address competition concerns following CMA investigation June 13, 2022 Ferry operators P&O and DFDS will address concerns over their capacity-sharing agreement after the Competition and Markets Authority (CMA) launched an investigation. Under the agreement signed in May 2021, cargo customers on the Dover to Calais route can board the next available ship, regardless of who operates it. After it launched an inquiry in November [...]
Heathrow calls on aviation regulator to ‘protect services’ with favourable price cap June 13, 2022 Heathrow has urged the aviation regulator to “protect services and resilience levels” by setting a price cap favourable to the airport. “The last thing passengers want is a cut price plan that leads to the cancelled holidays, stress and ‘hassle’ seen at other airports,” the hub said in an update on Monday. The airport asked [...]
Go-Ahead shares surge after bus operator receives two takeover approaches June 13, 2022 Go-Ahead has seen its stock price surge after receiving two takeover approaches, which it said it was inclined to accept. The bus operator is the latest transport firm to be courted by international investors. Fellow coach company Stagecoach was snatched by German asset manager DWS Infrastructure in May while last week public transport titan [...]
Sadiq Khan sends letters to London Tory rebels calling for TfL support June 13, 2022 Sadiq Khan has sent letters to London Tory MPs who voted against Boris Johnson in last week’s leadership vote to ask them to lobby for improved Transport for London (TfL) funding. In an attempt to drive a further wedge between Johnson and his backbenchers, Khan said the MPs should “lobby the Prime Minister and the [...]
British Airways’ boss calls on ministers to take accountability over travel chaos June 12, 2022 The boss of British Airways’ owner Luis Gallego has pointed the finger of blame at the government after weeks of travel chaos have seen cancelled flights and lengthy airport queues. In an interview with The Sunday Times, the airlines chief said the government had to “take some accountability for all this,” referring to the shortage-induced [...]
Trade body hits out at government plans to break summer strikes with agency workers June 12, 2022 A potential government plan to break a series of summer strikes by allowing employers to hire agency staff has been criticised as the “wrong policy” by a recruitment business body. Neil Carberry, Chief Executive of the Recruitment & Employment Confederation (REC), said the newly touted plans puts “agency staff and agencies in a completely unfair [...]
Fuel pump theft on the rise as petrol reaches £100 for first time June 11, 2022 Thefts at fuel pumps have soared as Britons are increasingly struggling to pay for the petrol and diesel to fill up their cars. According to data from Forecourt Eye, non-payment methods such as driving away or pretending not to have a a wallet have gone up 39 per cent since January. “This is not a [...]
EasyJet pilots say travel chaos could get worse this summer June 11, 2022 Travel chaos could worsen during the summer, easyJet’s pilots have told the airline. Members of the French SNPL pilots’ union working for the low-cost carrier sent a letter to chief executive Johan Lundgren arguing the situation will continue to worsen, as easyJet reported “unprecedented chaos” and “operational meltdowns” over the last few weeks, the i [...]
Work starts on unique HS2 tunnel that will blend railway into local landscape in first of its kind in UK June 11, 2022 HS2 said today work has begun on the construction of an innovative green tunnel designed to blend the railway into the landscape. The one-and-a-half-mile-long structure in Chipping Warden, Northamptonshire, is being built on the surface of the ground to speed up the process. More than 5,000 concrete segments made in a factory in Derbyshire will [...]
