Budget 2017: London Mayor Sadiq Khan “disappointed” there was no Budget backing for Crossrail 2 March 8, 2017 London mayor Sadiq Khan said he was "disappointed" that the government didn't back Crossrail 2 in today's Budget. While the mayor said he was pleased to see progress on devolution, other areas were notably missing from Philip Hammond's announcements. “London did not get everything we needed today," said Khan. "I am disappointed that the government [...]
Budget 2017: Local authorities encouraged to tackle city congestion in £690m competition March 8, 2017 In the battle to tackle urban congestion, Philip Hammond will create a £690m competition for local authorities to address the issue and get local transport networks up and moving. He also repeated the £220m announced in the Autumn Statement that will be invested to tackle pinch points on national road networks – this includes £90m to the [...]
Airlines including EasyJet and Ryanair forced to cancel more than 800 flights due to French air traffic controllers’ strike March 8, 2017 Over 800 flights have now been cancelled across Europe for the first two days of the French air traffic control strike, with airlines also noting severe delays and detours of flights. Staff at control centres at Brest, Bordeaux and Marseilles are holding a five-day walkout, which Airlines For Europe said will result in over 1,000 flights [...]
Inmarsat share price rockets after announcing landmark tie-up with British Airways March 8, 2017 Inmarsat shares jumped over six per cent this morning after announcing a landmark tie-up BA that it is to be the first airline to provide high speed in-flight broadband to customers. The satellite firm also revealed it had grown group revenue and earnings over the last year, although bottom line figures fell. The figures Group revenue [...]
“Irresponsible” Jaguar advert showcasing hands-free tech is banned by the ASA for encouraging unsafe driving March 8, 2017 A Jaguar advert has been called "irresponsible" by the Advertising Standards Authority (ASA) as it was thought to encourage unsafe driving. It must not appear again in its current form. The British car firm ran an advertorial article in the Guardian in September last year for its new Jaguar XE, with the text describing drivers using [...]
US politicians use new Emirates flights to test President Donald Trump’s “America First” resolve March 8, 2017 New York politicians have called on US President Donald Trump to block airline Emirates from opening up a new route into the country, testing the White House’s “America First” resolve. Twenty-five members of the New York and New Jersey congressional delegation have written to Trump asking him to stop plans by Emirates for a non-stop flight [...]
Patriotic Vauxhall customers aren’t enough to boost its value image before sale to Peugeot owner PSA March 8, 2017 As the owners of French car manufacturer Peugeot agree to purchase the Vauxhall and Opel arm of the General Motors group, it’s a good time to look at the current public perception of the brands being bought. The European wing of GM has been struggling for some time, with it last making a profit in 1999 [...]
Aggreko share price hit as it warns on profits March 7, 2017 Power supplier Aggreko warned on profits alongside its 2016 results this morning, causing its share price to dive 13 per cent. It said that 2017 results will be hit by a “significant impact” of weaker pricing on contracts in Argentina. The figures The company reported a reduction of 24 per cent in 2016 pre-tax profits to £172m after [...]
Geneva Motor Show 2017: Six of the craziest concept cars, from VW’s driverless pod to Toyota’s electric city car March 7, 2017 One of the most exciting aspects of the Geneva Motor Show is the slew of concept vehicles unveiled: from the fantastic to the downright bizarre. Here are some of the more exciting ones revealed at the 2017 showing… Read more: The five coolest supercars at the LA motor show 1. VW's Sedric You may not even [...]
Inmarsat reveals $3bn savings through embracing its satellite technology March 7, 2017 Satellite firm Inmarsat said today its technology has saved airlines $3bn by enabling planes to fly closer to one another, among other things. The FTSE 250 firm compiled a report in association with specialist consultancy Helios. It concluded $1.1bn had been saved through a single air traffic control system and a further $1.9bn was spared by improving the communications with airline control [...]
