British Airways-owner IAG in the spotlight over excessive exec pay June 12, 2018 British Airways-owner IAG has been criticised by a shareholder advisory group for excessive executive pay. Advisory group Pirc has recommended shareholders abstain on IAG’s remuneration report over concerns about excessive pay for its chief executive. Pirc said that the pay of chief executive officer (CEO) Willie Walsh was “unacceptable” when compared to an average employee, [...]
TfL issues travel advice for Thursday’s 24-hour Tube strike and warns Jubilee Line passengers of disruption June 12, 2018 Commuters on the Jubilee Line are being warned to brace themselves for further strike action on Thursday which will mean no services will be in operation. The Rail, Maritime and Transport (RMT) union is currently in talks with Transport for London(TfL) to prevent the action going ahead. If it does go ahead, there will be [...]
DEBATE: Does the UK economy need a third runway at Heathrow? June 11, 2018 Does the UK economy need a third runway at Heathrow? James Ramsbotham, chief executive of the North East England Chamber of Commerce, says YES. The cabinet backed Heathrow’s North West runway plan for the same reason the independent Airports Commission recommended it in 2016: Heathrow is the UK’s only hub airport. The Commission came to [...]
First look: London’s roadmap to becoming the world’s smartest city June 11, 2018 Mayor of London Sadiq Khan will today reveal more details around his plan to make London the world’s smartest city, as chief digital officer Theo Blackwell gives City PM the inside scoop. The Smarter London Together roadmap, which will be discussed in full tomorrow in collaboration with Transport for London (TfL), is proposing more than [...]
City groups raise concerns over Elizabeth Line crowding after Oxford Street pedestrianisation is ditched June 8, 2018 Businesses and environmental groups have expressed concern that Westminster council's decision to pull the plug on Oxford Street will lead to dangerous levels of overcrowding once the Elizabeth Line comes into force. The council announced yesterday evening that after consulting with residents it has decided to take the plans "off the table for good". The [...]
Oxford Street pedestrianisation plans cancelled: Mayor Sadiq Khan hits out at ‘betrayal’ of millions of Londoners June 8, 2018 The mayor of London Sadiq Khan has hit out at the "betrayal of millions of Londoners" after Oxford Street pedestrianisation plans were shelved by Westminster City Council yesterday. "This will be seen as a betrayal of the millions of Londoners and visitors to our city who would have benefited from making Oxford Street a safer, [...]
TfL to track bus passenger journeys in a bid to reveal new commuter data June 7, 2018 Transport for London (TfL) has said it will be trialling new tactics for automatic passenger counting for three months, in an attempt to improve services with real-time travel information. Beginning on June 8, TfL will use technology like cameras aimed at the floor to track footsteps, door sensors and wifi connection data to identify the [...]
Richard Branson says ban on diesel and petrol-fuelled cars should be brought forward to 2025 June 7, 2018 Richard Branson, a new pioneer of electric cars, has said the ban on petrol and diesel vehicles should be brought forward from 2040 to 2025. Speaking at a Formula E event, the tycoon said the UK should follow in the paths of environmentally friendly countries Norway and the Netherlands, who have a 2025 ban in [...]
Oxford Street pedestrianisation plans scrapped by Westminster Council June 7, 2018 Plans for pedestrianisation of Oxford Street have effectively been scrapped by Westminster Council this evening. In a letter sent round to residents, Westminster council leader Nickie Aiken said there was a "strong democratic mandate" that the scheme was not backed by residents. "As a result, Westminster City Council has taken the pedestrianisation of Oxford Street [...]
RMT announces three-day strike on South Western Railway over train guard spat June 7, 2018 Further strike action will hit South Western Railway later this month as clashes with the Rail, Maritime and Transport (RMT) union show now signs of abating. The RMT has instructed members not to carry out their duties from the morning of Thursday 21 June to midnight on Saturday 23 June. The three-day strike has been [...]
