Government faces headache as Hitachi pulls out of £16bn Wylfa nuclear plant in Wales January 17, 2019 The government has reasserted it commitment to developing nuclear power after Hitachi pulled out of the Wylfa nuclear power plant this morning. The company took the decision to suspend work on the £16bn facility behind Hinkley Point C, which was meant to produce six per cent of the UK’s electricity, after holding detailed discussions with the [...]
Former Nissan chairman Ghosn appeals bail refusal ahead of trial in Tokyo January 17, 2019 Lawyers for former Nissan chairman Carlos Ghosn have appealed a Tokyo court decision to refuse him bail as he remains in prison awaiting trial. The car tycoon has been in custody since his arrest on 19 November on charges of financial misconduct after being accused of underreporting his salary and transferring personal losses to Nissan. [...]
John Menzies’ takeover of Airline Services ready for takeoff after CMA gives green light January 17, 2019 Aviation services firm John Menzies’ shares nudged up in early trading as the group announced it had been given the green light on its takeover of London-based company Airline Services. The Competition and Markets Authority (CMA) approved the buyout this morning, meaning Menzies can go ahead taking control of the firm in a deal originally [...]
Piccadilly Line commuters warned of severe delays January 17, 2019 Severe delays are affecting the Piccadilly Line this morning due to a signal failure. The failure at Northfields means the Tube line has severe delays between Acton Town and Uxbridge, as well as minor delays between Acton Town and Heathrow Airport. Read more: 'Systemic failures' to blame for May's timetable chaos Minor delays are also [...]
Another false Economy: Energy customers were hit by mystery meter readings January 17, 2019 Customers of failed provider Economy Energy say they were hit with mystery meter readings far higher than expected in December as the company fought for its survival. One of the readings, seen by City PM, inflated a customer’s monthly usage by over 12,000 units, equivalent to around three years’ average use for a household in [...]
Under-fire HS2 pushes back contract awards for Euston and Old Oak Common stations January 16, 2019 Under-fire transport project HS2 has pushed back the date for appointing contractors to build its stations at Euston and Old Oak Common. HS2 was due to annouce which firms would be awarded the contract to build the two stations at the end of 2018. This has now been pushed back to the first quarter of [...]
London Overground suspends service between Willesden Junction and Clapham Junction January 16, 2019 Commuters on the London Overground are facing disruption after a broken down train led to services being suspended between Willesden Junction and Richmond and Clapham Junction. London Overground said the service has been stopped due to a faulty train. There are also severe delays between Willesden Junction and Stratford. https://twitter.com/LDNOverground/status/1085540721451511808 National Rail said there were cancellations [...]
Users of Gospel Oak to Barking line brace for more misery as roll-out of electric trains delayed indefinitely January 16, 2019 The planned roll-out of electric trains on the troubled Gospel Oak to Barking line has been delayed indefinitely as manufacturer Bombardier struggles to resolve software issues. Commuters using the London Overground line have endured repeated delays to the introduction of new Class 710 electric trains, which manufacturer Bombardier has blamed on software problems. Read more: TfL [...]
Car makers and sellers plead with government for clarity after May’s Brexit deal defeat January 16, 2019 Car makers and dealers have called for clarity on how Britain will leave the EU after MPs resoundingly dismissed Theresa May’s Brexit deal in parliament last night. The 230-vote defeat for May’s deal has cranked up the risk of a no deal scenario according to the EU’s chief negotiator Michel Barnier, a situation believed to [...]
European car sales down for fourth straight month as emissions testing continues applying skids to market January 16, 2019 A fall in Chinese demand and tougher emissions testing continued to put the brakes on European car sales in December, which dropped for the fourth month in a row. New car registrations dropped 8.4 per cent last month, said the European Automobile Manufacturers Association (EAMA), following an eight per cent drop last month. Read more: Off [...]
