Stobart suffers bloody nose as investors revolt against pay July 23, 2019 A campaign by former Stobart boss Andrew Tinkler to oust chief executive Warwick Brady floundered today but a chunk of investors gave the firm a bloody nose in a spat over pay. Tinkler, who has been engaged in a number of court battles with Stobart over his failed attempt to oust former chairman Iain Ferguson [...]
Farewell, Failing Grayling: Here are your five finest moments in office July 23, 2019 Any article written about transport secretary Chris Grayling over the past year has tended to start with a not-so-favourable adjective. “Embattled”, “Beleaguered” and “Failing” spring to mind. As of this week, Grayling – who is likely to be ousted as the head of the Department for Transport (DfT) when Boris Johnson enters No.10 – can [...]
Heathrow passenger numbers climb to record 39m July 23, 2019 Heathrow passenger numbers reached a record high of 38.8m in the first half of this year, a near two per cent increase on the previous year. The figures Profit before tax dropped at the airport dropped from £289m from the six months ended June 2018 to just £7m over the same period in 2019. Revenues [...]
US sanctions blamed for Huawei 5G decision delay July 22, 2019 The government has put off a decision on whether Chinese telecoms giant Huawei should be part of the construction of the UK’s next-generation 5G networks, saying US sanctions might stop the firm from being a viable long-term partner. Read more: Next PM urged to prioritise Huawei decision The delay means the next government, which will [...]
Government intervenes in Inmarsat deal on national security grounds July 22, 2019 The UK government is to investigate the sale of London-listed satellite company Inmarsat to a private-equity and pension fund group on national security grounds, it said today. Read more: Inmarsat bidders look to appease government Inmarsat, Britain’s biggest satellite company, agreed in March to be bought by an international group including buyout firms Apax and [...]
Holidaymakers face ‘perfect storm’ this summer as British Airways pilots vote in favour of strike action July 22, 2019 British Airways pilots have voted strongly in favour of industrial action in a dispute with the airline over pay. Ninety-three per cent of those balloted voted in favour of strike action, on a turnout of 90 per cent. Brian Strutton, general secretary of the British Airline Pilots’ Association, said: “This strong result demonstrates the resolve [...]
Extra carbon emissions charge could be slapped on airline tickets under Whitehall plans July 22, 2019 People buying airline tickets could face an extra charge for carbon emissions being added automatically in the coming years. Government ministers are considering forcing airlines to add so-called carbon offsetting payments to tickets. Read more: Vueling Airlines named as the most delayed airline in the UK The extra charge would be voluntary, but passengers would [...]
Fire risk: Volvo recalls 500,000 cars after investigation finds faulty engine part July 22, 2019 Swedish car maker Volvo has recalled more than half a million cars after it found a faulty engine part could cause vehicles to catch fire. More than 69,000 cars in Britain are affected, the manufacturer said this morning. Volvo will contact all affected customers. A Volvo spokesman said the firm was not commenting on how [...]
Game of drones: The founder of SenSat on solving construction problems by simulating reality July 22, 2019 “The internet connects all human knowledge, and for the first time in history, we can connect that human knowledge to the actual world we live in through our computers.” It’s at this point during my conversation with James Dean, the cooly-named co-founder of SenSat, that I start to grasp how ground-breaking his technology really is. [...]
Rail passengers ‘missing out’ on £100m in compensation every year July 22, 2019 Rail passengers are missing out on up to £100m a year in compensation, a transport watchdog has found, as it called on consumers to claim whenever they can to send a message to train operators to improve. Transport Focus is today launching a campaign aimed at encouraging passengers to claim for any delays or cancellations. [...]
