Uber quest for long-term London licence faces rejection August 4, 2019 London’s transport bosses are set to snub Uber’s bid for a long-term licence in London when its probationary period runs out next month. The ride-hailing giant has been seeking a five-term licence to operate in the capital but is instead likely to be granted a shorter one that will run for less than two years, [...]
Government loses bid to throw out legal challenges against franchise snubs August 4, 2019 The government has lost a bid to strike out legal challenges from three rail firms that are contesting its handling of controversial franchise bids. Last week The High Court gave Virgin, Stagecoach and Arriva Trains the green light to challenge former transport secretary Chris Grayling’s decision to ban them from bidding for the East Midlands, [...]
KPMG appointed administrators as Laterooms and Superbreak collapse affecting thousands of holiday-goers August 2, 2019 KPMG has been appointed as administrators to Laterooms and Superbreak following the companies collapses on Thursday. Both firms are owned by the Malvern Group, which has ceased trading, after Cox & Kings India, which owned a 49 per cent stake in the company, defaulted on loan repayments. Read more: Pets at Home set to beat [...]
Brexit warnings reach fever pitch as BMW and Ford sound the alarm August 1, 2019 BMW and Ford have become the latest manufacturing giants to warn Prime Minister Boris Johnson about the perils of a no-deal Brexit. Speaking to journalists this morning, BMW boss Harald Kruger said a no-deal would be a “lose-lose” scenario for Britain and the EU. He offered to personally deliver his portent to the new PM. [...]
Boris Johnson must change his mind on Heathrow expansion – just like we did August 1, 2019 Boris Johnson has had a busy first week, jetting off around different parts of the country. But closer to his home seat of Uxbridge and South Ruislip, people in our constituencies in west London are hoping that the new Prime Minister will change his mind and listen when it comes to one controversial issue: his [...]
New £300m no-deal Brexit freight plan risks legal delays, experts warn July 31, 2019 A new £300m plan to acquire additional freight services in the event of a no-deal Brexit risks descending into chaos because of the government’s pledge to leave the EU on 31 October, experts have warned. Fears have been raised that the government could be forced into another high risk freight procurement process because of Boris Johnson’s commitment [...]
Fiat Chrysler defies global car industry woes, beating analyst forecasts July 31, 2019 Car manufacturing giant Fiat Chrysler surprised markets today by sticking to its full-year profit forecast after strong sales in its US pickup truck division helped defy an industry slowdown. The earnings were the car maker’s first since it failed to merge with Renault in June. Read more: Car industry investment grinds to a halt as [...]
Airbus warns Europe to gear up for a no-deal Brexit July 31, 2019 Airbus has called on European governments to hasten their planning for a no-deal Brexit and bury the hatchet on a long-running subsidy spat with the US. Europe’s biggest plane maker issued a warning this morning about rising trade tensions, overshadowing a strong set of second-quarter profits which pushed Airbus’s share price up 0.4 per cent. [...]
Ryanair boss Michael O’Leary warns of job losses over Brexit and Boeing woes July 31, 2019 Ryanair boss Michael O’Leary has warned staff that hundreds of jobs could be lost as the airline reels from a decline in earnings and the grounding of the Boeing 737 Max aircraft. In a video sent to workers and seen by Bloomberg, the airline chief executive told staff that Ryanair needs 900 fewer pilots and [...]
British Airways loses court bid to stop pilot strikes over summer July 31, 2019 British Airways has lost its bid to block pilots from striking later this summer over a pay dispute, in a result which could spell chaos for British holidaymakers. The airline has been in talks with pilots in an attempt to stop them striking over the summer months. Read more: Holidaymakers face ‘perfect storm’ this summer [...]
