The future of infrastructure needs artificial intelligence and new ways of working January 15, 2019 During our morning commutes to work, many of us will grumble about unreliable trains, packed tube carriages, or too much traffic on our highways. And yet, despite these complaints, we tend to keep a stiff upper lip and bear with the current state of infrastructure, rather than question how things could become better. But if [...]
Christmas sales grow at St Pancras International despite retail gloom January 15, 2019 Commuters choosing to do their Christmas shopping at St Pancras International station grew 6.3 per cent in 2018 compared to the year before, according to figures released by the station's operator today. The rise was driven by growing passenger numbers and strong growth in non-food sales, the company said. St Pancras has welcomed a number of [...]
Former Nissan chairman Carlos Ghosn denied bail by Tokyo court January 15, 2019 The Tokyo District Court today denied Carlos Ghosn’s request for bail as the former Nissan chairman faces a lengthy wait behind bars for his trial. Lawyers for Ghosn, who was indicted on two fresh charges of financial misconduct last week, are likely to appeal the decision, as the executive may have to wait up to [...]
Budget airline Flybe shares nosedive despite revised bid from Virgin-led consortium January 15, 2019 Flybe shares nosedived again this morning as shareholders reacted to news they will not get a vote on a revised bid for the business from a Virgin-led consortium. Virgin Atlantic, Stobart Group and US private equity firm Cyrus Capital tabled a £2.8m bid for Flybe Limited and Flybe.com today after Friday’s £2.2m offer for the whole [...]
Crossrail begins dynamic testing on the Elizabeth Line after series of delays and setbacks January 14, 2019 Crossrail began operating test trains on the Elizabeth Line today, allowing a crucial part of the project to get back on its feet after months of delays and setbacks. Main dynamic testing is the process by which trains are operated in the tunnels to test the new signalling systems to ensure the trains are safe and [...]
PG&E burnt to the ground as wildfires cause utility to plan bankruptcy filing January 14, 2019 Shares in US utilities company PG&E dropped by about half in pre-trading as the company said it will be bankrupted by huge charges for sparking hundreds of wildfires in California. Pacific Gas and Electric Company hopes to settle damages from devastating wildfires, which have impacted “our customers, our neighbours and our friends”, through a so-called [...]
Luton Airport enjoys busiest ever year in 2018 as passenger numbers soar to 16.6m January 14, 2019 Recently revamped London Luton Airport (LLA) enjoyed its busiest year last year, welcoming 16.6m passengers to the airport. The figures are a five per cent increase on the previous year. During December, 1.26m passengers used the airport, an increase of 19.7 per cent on December the year before. The airport unveiled its upgraded terminal after its three-year [...]
Cathay Pacific re-runs New Year tickets gaffe as it sells first-class travel for economy prices January 14, 2019 Passengers flying on Cathay Pacific were again able to pick up cut-price first class tickets after a bug hit the airline’s website over the weekend. Tickets from Portugal to Hong Kong were being sold for $1,512 (£1,179) instead of their usual $16,000 on Sunday, the South China Morning Post reported, adding to a list of [...]
As competition heats up, meet the energy company taking on the Big Six by cutting consumption January 14, 2019 You know the drill: energy companies lure you in with a cheap introductory rate, and once it expires, you’ve either got to repeat the hassle of shopping around for a new deal, or you’re automatically moved onto the provider’s expensive default tariff – otherwise known as the standard variable rate (SVR). This isn’t a glitch [...]
Off road: Is the car industry in reverse? January 14, 2019 The automotive industry faces recession and decline. Driverless cars are on the horizon, but has the moment for motors already passed? The first Model T Ford rolled off the production line in 1908. Available in “any colour… so long as it is black”, in the words of magnate Henry Ford, the car marked a breakthrough [...]
