Time you’ll never get back: Passengers lost record 4m hours to train delays last year May 20, 2019 Rail passengers lost a record of four million hours to train delays last year, the worst since records began, a consumer watchdog has found. Over 8m passenger journeys were delayed last year, equating to around 80 train delays per day. Cancellations, meanwhile, averaged 660 per day in 2018, the highest number since records began in [...]
Commuters suffer London train delays as new rail timetable arrives May 20, 2019 Commuters were hit with their first batch of disruption into London this morning on the same day nationwide timetables were overhauled. Read more: Commuters urged to plan travel as new rail timetable comes into force Speed restrictions were put into place at Wimbledon due to a faulty track, forcing trains to terminate at Basingstoke, where [...]
Greenpeace activists blockade BP’s London offices in climate change protest May 20, 2019 Environmental protesters have blockaded BP’s central London headquarters this morning as they claim “this is a climate emergency”. Read more: Extinction Rebellion founder wants to upend the UK's financial sector Greenpeace activists have set up five steel containers outside all entrances to BP’s offices in St James's Square, W1. On Twitter, the group said: “Volunteers have [...]
Ryanair shares drop as profits suffer 30 per cent hit on falling ticket prices May 20, 2019 Irish budget airline Ryanair said today its full year profit fell 29 per cent year on year to €1.02bn (£890m), blaming a fall in fares and issuing a "cautious" warning on profit for the year to come. Shares fell nearly six per cent to hit €10.16 in early trading. The figures The airline said traffic grew [...]
Walking the walk: The City is on a journey to revolutionise transport in the capital May 20, 2019 For Londoners, complaining about public transport is as commonplace as complaining about the weather. Canada is the most accessible part of the capital, served by 15 Tube stations, seven Tube lines, eight mainline stations, multiple bus routes, and a fast-evolving bicycle network, but with a working population of 513,000 and home to [...]
Energy switching reaches record high as customers’ bills balloon May 20, 2019 Nationalising the UK’s energy infrastructure will jeopardise the country’s energy transition and could drive up prices, the head of the sector’s trade body has said as record numbers of households switched suppliers last month. More customers switched energy supplier in April than ever before after average bills leapt up by £117 for millions of customers [...]
US investor urges First Group to split and pull out of ‘destructive’ UK rail network May 19, 2019 Activist hedge fund Coast Capital has issued a list of demands against First Group, including that it pull out of Britain's railways, split its UK and US assets and overhaul its board. Coast, a top ten shareholder in First, has said the group should separate its US assets, which it claims have a "much higher independent [...]
Taxman opens investigation into claims Uber owes £1bn in unpaid VAT May 19, 2019 HMRC has opened an investigation into Uber over allegations it owes around £1bn in unpaid VAT. Uber claims it is exempt from paying VAT because its drivers are self-employed and their earnings fall below the £85,000 threshold. However, HMRC is now looking into whether Uber is a transportation company and should therefore be liable to pay [...]
Commuters urged to plan travel as new rail timetable comes into force May 19, 2019 The rail industry has today pushed through its new summer timetable, a year after changes caused havoc across the country. An extra 1,000 services have been added per week to the timetable, with extra stops and longer trains. The train firms that were caught up in last year's chaos – in which thousands of services were [...]
Boeing completes 737 Max software update to fix cause of fatal crashes May 17, 2019 Boeing has completed the development of a software update for its 737 Max planes as it tries to get them back in the air. The aircrafts were grounded across the world following two fatal crashes – in Ethiopia and Indonesia – within five months, claiming the lives of all 346 people on board them. Read [...]
