RMT confirms Boxing Day strike at key Bakerloo Line stations December 12, 2018 Bakerloo Line station staff are set to strike on Boxing Day, as commuters face further misery over the Christmas holidays. With a strike on the Central Line already set to hit Christmas shoppers, the RMT union now plans to withdraw station staff at key stops along the Bakerloo Line. Staff will not turn up to [...]
Running late? National Rail will send passengers travel updates via Facebook Messenger December 12, 2018 Disruption is a given on Britain's railways at the moment, so National Rail has begun a trial with Facebook Messenger that will allow passengers to receive updates on their phone. Those who sign up to the travel alerts will receive personalised travel information through Facebook Messenger, such as information on alternative trains, for both one-off journeys [...]
Musk to retire chairman role at Tesla in three years after interview backlash December 12, 2018 Tesla billionaire Elon Musk has said he intends to retire the role of chairman at the electric car manufacturer in three years time, having only stepped down from the role several weeks earlier. Tweeting in the aftermath of his conversation with CBS' 60 Minutes, Musk said: "Chairman is an honorific, not executive role, which means [...]
Rolls-Royce confirms full-year profit guidance as it flies past supply problems December 12, 2018 Aerospace and defence giant Rolls-Royce has confirmed its full-year profit and cashflow guidance for 2018 with expectations that it will be in the upper end of its previously announced range. The enginemaker said it expected operating profit to be £400m, plus or minus £100m, with cashflow expected to be £450m, plus or minus £100m. Its [...]
Decade-long £413bn national infrastructure plan needs more private sector investment, says KPMG December 11, 2018 The government’s 10-year infrastructure plan which commits £413bn of spending over the coming decade needs to do more to drive private sector investment, according to KPMG. The National Infrastructure and Construction Pipeline, announced last month, “looks to be gaining ground”, the accounting firm said, but still lagged behind targets set by the United Nations. The [...]
Heathrow and London Luton airports break passenger records for November December 11, 2018 Both Heathrow and London Luton airports recorded their highest ever number of November passengers last month, as more travellers flew to and from the capital. The number of passengers travelling through Heathrow in November exceeded 6m for the first time this year, figures released by the airport today reveal. According to the London hub, the number of [...]
£10bn HS4Air project linking Heathrow and Gatwick airports ‘rejected’ by Department for Transport December 11, 2018 A £10bn project linking Heathrow and Gatwick airports, dubbed the ‘M25 for high speed trains’, has reportedly been rejected by the government. The scheme, called HS4Air, would have linked the High Speed 1 (HS1) and High Speed 2 (HS2) rail lines with Heathrow and Gatwick airports. But the New Civil Engineer today reported the Department [...]
Court rejects former Nissan chairman Ghosn’s appeal against extended detention December 11, 2018 A Tokyo court has rejected a complaint filed by former Nissan chairman Carlos Ghosn relating to his extended detention in Japan. Ghosn, who has been in jail since his arrest on suspicion of misconduct on 19 November, filed the complaint earlier today. But the Tokyo District Court swiftly rejected the appeal, according to local media [...]
Sadiq Khan blasts government for ‘forcing London to pay twice’ for Crossrail delay December 11, 2018 Transport for London (TfL) has admitted its fare income will be £2.1bn lower than expected as it battles a "perfect storm" of pressures on its finances. In its business plan for 2019-20 to 2023-24, TfL said a “subdued” economy and a £700m reduction in central government funding for challenges facing the organisation. It said fare revenue [...]
Crossrail crisis: Businesses react to £1.4bn bailout and further delay December 11, 2018 The crisis facing Crossrail deepened yesterday as Transport for London (TfL) confirmed that the delayed project could need up to £2bn in extra funding to keep afloat. Crossrail chief executive Mark Wild also admitted that the railway, which had already been delayed from December 2018 to autumn 2019, may not open until 2020. While the [...]
