Richard Branson’s right hand man: Mastering rail is ‘harder than space’ June 8, 2022 Mastering rail is “harder than space”, according to one space veteran, formerly Richard Branson’s right-hand man in the making of Virgin Galactic and Virgin Orbit. As Britain prepares to launch satellites from its own soil for the first time this summer, unions are set to bring the country’s rail network to a standstill in later this month. Speaking on [...]
Sadiq Khan blames govt funding for ‘extremely frustrating and disappointing’ tube strike as Unite joins RMT walk-out June 8, 2022 City Hall lambasted the government’s refusal to grant Transport for London (TfL) long-term backing, blaming it for indirectly causing the tube strike scheduled for 21 June. The strike is the latest disruption to affect the Transport for London (TfL) network after 4,000 tube workers walked out on Monday. “At the heart of this industrial action [...]
Italian strike leads to more chaos in UK June 8, 2022 A strike called by Italian air traffic controllers has led to more chaos in the UK. Thousands of passengers were left stranded at British hubs after Ryanair, Easyjet, British Airways (BA) and Jet2 collectively cancelled dozens of flights from the UK to Italy. Easyjet axed 20 flights from Gatwick telling passengers it was doing “all [...]
Analysts downgrade National Express following margin pressures June 8, 2022 Analysts at Peel Hunt have downgraded National Express’s ratings from Buy to Hold after the company said keeping prices affordable will slow its margin recovery. Peel Hunt have also cut National Express’s earnings per share forecasts by around 20 per cent. “This is clearly disappointing, but the medium-term targets remain in place and the group [...]
During Platinum Jubilee weekend London Underground returned to pre-pandemic passenger levels for first time June 8, 2022 Londoners returned to the Underground in record numbers last weekend for the Platinum Jubilee, with passenger numbers exceeding pre-pandemic levels for the first time in more than two years. Figures released by the Department for Transport today show tube-users were up 118 per cent and 108 per cent on 2 and 3 June, representing a [...]
Travel mayhem to hit Londoners as another union joins tube strike June 8, 2022 Travel mayhem is expected to hit Londoners as members of the union Unite working for Transport for London (TfL) and London Underground are set to join the strike called by the RMT union for 21 June. The union announced that more than 1,000 of its members will join the 10,000 workers striking over job cuts [...]
Used car prices remain strong but demand gradually slows down June 8, 2022 Used car prices have remained strong even though demand for second-hand vehicles is gradually slowing down. According to data from Auto Trader’s Retail Price Index, the average price of a used vehicle has grown 28.4 per cent over the last year, marking the 26th consecutive month of growth. But despite the increase, demand is gradually [...]
Petrol price has biggest daily jump in 17 years as grim milestone of a £100 tank likely tomorrow June 8, 2022 The price of petrol experienced the biggest daily jump for 17-years and looks set to surpass the grim milestone of £100 for a tank tomorrow. Motoring champions the RAC raised alarm bells saying the average price to fill up a tank of unleaded was now east £99.40, owing to an overnight rise of more than [...]
Last-minute talks to avert largest rail strike in decades which may ruin concerts, cricket and Glastonbury June 8, 2022 In a bid to avert the largest strike by railway workers in several decades talks are to be held this week, after the scale of disruption to services by the planned industrial action became clear. Members of the Rail, Maritime and Transport (RMT) union at Network Rail and 13 train operators will walk out on [...]
Londoners face more disruption as new tube strike is confirmed for 21 June June 8, 2022 Londoners will need to brace themselves for more disruption as the RMT union has announced that 10,000 of its tube workers will walk out on 21 June. RMT members working for London Underground cited a dispute over pensions and job losses as the main reason behind the walkout. The strike is the latest disruption to [...]
