Nextmove cancels order for 85 Teslas over paint defects and faulty wiring August 16, 2019 German car rental firm Nextmove has cancelled most of its order of 100 cars from Tesla over quality problems, it said today. The firm said the more than €5m (£4.57m) deal was called off after it was unable to reach a deal with Tesla over how to fix a series of issues with the cars. [...]
Cathay Pacific boss steps down amid Hong Kong protests August 16, 2019 The chief executive of Cathay Pacific has resigned after coming under increasing pressure from the Chinese government over his staff’s role in protests which have rocked Hong Kong. Rupert Hogg steps down after the company fired four members of staff for joining protests in Hong Kong against the government’s ties to the Chinese authorities. Read [...]
Turkish pension fund in exclusive talks to buy British Steel August 16, 2019 Turkey’s military pension fund, Oyak, has entered exclusive talks a deal to buy British Steel, months after the business went into administration. The fund, through its investment arm Ataer Holdings, hopes to close the deal by the end of the year. The Official Receiver, who has run the process, said: “Following discussions with a number [...]
Ofgem rips up supply licence for under-fire URE Energy August 15, 2019 Troubled energy supplier URE saw its licence to supply electricity ripped up in front of its eyes today after multiple warnings from regulator Ofgem. The decision to revoke its permission to supply customers came after the company refused to meet its £209,000 debt to a fund set up by the regulator. Read more: Chair of [...]
Boeing suffers fresh blow as it delays long-range jet amid 737 Max struggles August 15, 2019 Boeing has pushed back the development of an ultra-long-range version of its upcoming 777X jet as it struggles to get on top of the crisis which has left its best-selling 737 Max grounded for six months. The 777X will have a range of 10,500 miles, meaning it can make a 21-hour non-stop flight from Sydney [...]
Shaun Bailey pledges to make every red bus electric if he becomes London mayor August 15, 2019 Tory mayoral hopeful Shaun Bailey has pledged to make “every red bus electric” by the end of his first term if he wins next year’s mayoral election. Bailey, who hopes to replace Sadiq Khan as London’s mayor, claims that under Khan, London’s diesel and hybrid bus fleet won’t be replaced with electric models until 2037. [...]
Union calls August strike action on Central and Victoria lines August 15, 2019 Thousands of Londoners face Tube chaos at the end of the month after a leading rail union announced strike action on two of the busiest Underground lines. The RMT rail union has called strike action on services on the Central and Victoria lines from 8pm on Thursday 29 August and Friday 30 August. Read more: [...]
Brexit protester who caused £1m worth of rail disruption jailed August 15, 2019 A Brexit protester who caused £1m worth of disruption to train services between London, Kent and France has been jailed for one year. Terry Maher, 44, climbed on top of a tunnel overlooking railway lines near St Pancras station, blocking trains between the UK and France and causing disruption that affected about 22,000 people. Read [...]
Union urges Ryanair to attend talks to avert summer strikes August 15, 2019 A trade union has urged Ryanair to attend talks to resolve the current dispute with its pilots over pay and working conditions. The British Airline Pilots Association (Balpa), which has over 10,000 members, has called on the budget airline to attend talks with the Acas conciliation service after pilots voted for strike action for Thursday [...]
DEBATE: In the midst of commuter outrage over fare hikes, is rail nationalisation the answer? August 15, 2019 In the midst of commuter outrage over fare hikes, is rail nationalisation the answer? Cat Hobbs, director of We Own It, says YES. Another year, another eye-watering rail fare hike, with the annual cost of getting to work likely to rise by over £100 for many commuters. And it’s no wonder passengers are angry. We’re [...]
