US-China trade war hurts BMW profits as it pins hopes on electric cars November 7, 2018 BMW's profit before tax dropped dramatically in the third quarter amid challenges in the market and volatile global politics, the company said this morning. The figures Third quarter revenues grew by 4.7 per cent to €24.7bn (£21.5bn) compared to the previous year, while deliveries to customers rose modestly by 0.3 per cent. However, hit by [...]
Strike action hits Central Line and Waterloo & City Line, forcing commuters to find other ways to work November 7, 2018 Both the Central Line and Waterloo & City Line are not running today due to strike action. The strikes started at midnight after the RMT and Aslef unions voted for action to address industrial relations between drivers and Transport for London (TfL) that it claimed was at “breaking point”. The action will go on until [...]
Sadiq Khan slammed for ‘shocking’ strikes record ahead of Central Line action November 6, 2018 Sadiq Khan has been accused of having the worst strikes record of any London mayor despite promising there would be zero industrial action on his watch. Tomorrow's strike on the Central Line by the Aslef and RMT unions marks the 15th strike to occur since Khan was elected in May 2016. That figure includes 11 Tube strikes, one bus strike, [...]
Westminster council launches consultation for development of Oxford Street November 6, 2018 Westminster City Council has launched a consultation into the development of Oxford Street after Sadiq Khan's plans to pedestrianise the famous shopping area were ditched in the summer. The council has asked residents, businesses and visitors to give their verdict on their new plans for the street, which it says will increase walking space while [...]
Piccadilly Line strike suspended tomorrow but Central Line action set to go ahead from midnight November 6, 2018 Strike action on the Piccadilly Line scheduled for tomorrow has been postponed, it emerged this afternoon. However, industrial action on the Central Line strike is still set to begin at midnight tonight. The RMT union said “sufficient progress” has been made in last-ditch talks with Transport for London (TfL) today that it has called off [...]
Tube strikes: Last-ditch talks collapse as unions prepare to walkout on two major Tube lines tomorrow November 6, 2018 Last-minute talks to avert strikes affecting three Tube lines have failed, meaning commuters must make other plans for getting to work tomorrow and Thursday. The Central Line and Waterloo & City Line are set to shut down for 24 hours from midnight tonight as Aslef drivers strike, with RMT drivers on that line joining the action. [...]
Electric scooter company Bird launches trial at the Olympic Park in a bid to change regulations November 6, 2018 US electric scooter sharing company Bird has launched a trial of its service today at the Olympic Park in east London. The use of electric scooters has boomed in the US and has begun to take off in Europe with cities such as Paris allowing their introduction. However, they are currently not legally allowed to [...]
Tube delays: Severe delays hit Metropolitan Line as commuters advised to use the bus instead November 6, 2018 Severe delays are affecting the Metropolitan Line after a signal failure, spelling commuter chaos for those heading to work from west London. The failure at Harrow-on-the-Hill means local buses are accepting tickets, said Transport for London (TfL). The delays come just a day ahead of strikes expected to wreak havoc on Tube lines. The Central [...]
Icelandair stocks skyrocket as it announces Wow Air purchase November 5, 2018 Icelandair closed up more than 39 per cent today after the airline announced plans to buy fellow Icelandic carrier Wow Air. The deal, which is subject to approval by Icelandair’s shareholders and the country’s competition authorities, will see Wow Air shareholders receive 5.4 per cent of Icelandair’s shares. Icelandair said the companies will continue to operate as [...]
Regulator calls for ‘urgent’ answers on Heathrow third runway plan November 5, 2018 Heathrow airport’s operator has been told it must “decisively and urgently” answer questions about its plans for delivering a third runway. The Civil Aviation Authority (CAA), the UK’s aviation regulator, said it hard concerns about the airport’s “information flow”, and demanded answers on the costs and timeline for its expansion. In a letter to the [...]
