Javid dismisses Ryanair complaint over Flybe rescue package January 24, 2020 Chancellor Sajid Javid has insisted that embattled airline Flybe has not received state aid to ensure its survival. In a letter to Ryanair chief executive Michael O’Leary, Javid said that the decision to defer Air Passenger Duty (APD) for Flybe was a “standard ‘Time to Pay’ arrangement…because of their short-term difficulties”. The chancellor’s letter, which [...]
British Steel: Unions endorse Jingye takeover but 500 jobs could be at risk January 24, 2020 Unions have backed Chinese firm Jingye’s rescue deal to save British Steel after extensive discussions but up to 500 jobs could be cut under new ownership. The Steel Committee met with Jingye representatives to discuss their business plan and in particular their proposals relating to employment, including pay and terms and conditions. Any new owner [...]
Boris can lead a Conservative council housing revolution January 24, 2020 With Boris Johnson now undisputed world king of the post-Brexit scene, the only relevant policy debates are those going on inside the government itself. These are yielding unusual fruit. Esther McVey, a deep-dyed Thatcherite and an advocate of blue-collar Conservatism, has been arguing for more council housing. The housing minister wants to help those “left [...]
Uber ramps up British charm offensive with sweeping Nissan deal January 24, 2020 Nissan and Uber have signed a deal that will provide the ride-hailing giant’s drivers with a fleet of new electric cars, as Uber attempts to lay on the charm with on British authorities. The Japanese car maker will provide 2,000 new Nissan Leaf cars, made at the firm’s factory in Sunderland, to Uber at a [...]
Time ticking on HS2: Work ‘must start within 67 days’ to avoid further delay to £106bn project January 24, 2020 The controversial HS2 rail project was delivered a stark deadline this morning, as the government spending watchdog declared the scheme would be delayed even further unless construction begins in the next 67 days. In its fourth report on the project in the last seven years, the National Audit Office (NAO) also said the Department for [...]
TfL banned Uber over concerns it could not prevent breaches by its drivers January 23, 2020 A letter released today revealed that TfL stripped Uber of its licence in London because of “serious doubts” it would be able to prevent breaches that put the public at risk. The letter from TfL to Uber, dated 25 November, detailed some of the breaches that TfL was concerned about, which included drivers providing services [...]
South Western Railway guards vote for more strike action January 23, 2020 Rail commuters face more misery on South Western Railway in the coming months, after staff voted for more strike action in the long-running dispute over the role of train guards. The National Union of Rail, Maritime and Transport Workers (RMT) has not yet announced strike dates, but the action follows a record-breaking 27-day strike in [...]
European car sales set to drop for first time in seven years, says trade body January 23, 2020 Europe’s car sales are likely to decrease this year, according to the European automotive industry association ACEA. Car registrations are projected to drop two per cent in 2020, which would be the first drop in seven years. The forecast is likely to fuel growing concerns that car manufacturers’ best days are behind them. Companies are [...]
Volkswagen hit with largest environmental fine in Canadian history January 23, 2020 Volkswagen has been hit with the largest environmental fine in Canada’s history after the automobile giant pleaded guilty to dozens of diesel emissions violations. In December the carmaker was charged with importing 128,000 vehicles into the country which breached emissions standards. As a result, the firm will be forced to pay CA$196.5m (£113.7m) for 60 [...]
John Laing chief steps down after six years at infrastructure giant January 23, 2020 John Laing chief executive Olivier Brousse has this morning resigned from the long-running infrastructure firm in order to take up a new role at French utility Veolia. Brousse, who has been at the firm since 2014 and led the firm’s initial public offering in 2015, will remain at the company while a successor is identified. [...]