Rolls-Royce slashes up to 2,500 jobs in bid to ‘create more agile business’ October 17, 2023 Rolls Royce has announced plans to cut up to 2,500 jobs in a cost-cutting drive as it looks to streamline the business.
Heathrow: CMA tells aviation regulator to look at price cap again as row rumbles on October 17, 2023 The UK competition watchdog has largely upheld a ruling forcing Heathrow to slash the amount it charges airlines for using the airport.
Former Abellio chief: Here’s how to get British rail back on track October 17, 2023 Half a year on from leading a management buyout of the major Dutch rail and bus operator Abellio, Dominic Booth sits down with Morning Wire.
‘The death penalty is unhappy customers’: Dott chief on why London has lost control of its e-bikes October 16, 2023 The chief executive of Dott has described London’s e-bike market as “out of control,” after the group withdrew its vehicles from the capital.
DX Group reopens 10 former Tuffnells depots after administration deal October 16, 2023 DX Group has reopened 10 more former Tuffnells depots after buying them from administrators for the rival delivery firm this summer.
More than 16,000 customer queries after Luton Airport car park fire October 14, 2023 Luton Airport has received more than 16,000 customer queries following a fire at one of its car parks earlier this week. Up to 1,500 vehicles were affected when the airport’s multistorey Terminal Car Park 2 became engulfed in flames on Tuesday. Drivers with vehicles still inside the structure said on Friday they had been offered [...]
Increased parking revenues a ‘cash cow’ as councils make nearly £1bn October 13, 2023 Annual revenues from council parking operations in England have reached nearly £1 billion, new figures show. AA analysis of Government data published on Thursday found that English local authorities made a surplus of £962 million in the 2022/23 financial year. That comprised of £673 million from on-street parking and £289 million from car parks. The [...]
Virgin wins damages fight with US train firm which pulled out of deal October 13, 2023 The judge said Brightline’s defence was that a clause entitled it to terminate if “the Virgin brand” had ceased to be a “brand of international high repute”.
National Express owner Mobico has hit the brakes – so what’s going on with its share price? October 12, 2023 Mobico shares have spiralled near 30 per cent today as analysts question its push into international markets.
Easyjet, Ryanair and Wizz Air: Have carriers reached the summit of a record rebound? October 12, 2023 Airlines have posted record profits throughout the year on soaring demand, but is this peak to be followed by a trough?