Tramlink Croydon workers to strike on 10 and 11 October following offer rejection October 4, 2022 Train drivers working at Tramlink in Croydon will strike on 10 and 11 October after they rejected a below-inflation pay rise. The union Aslef accused Tramlink’s management of giving workers “real terms pay cuts” as their 4.75 per cent pay increase is well below the current inflation rate of 9.9 per cent. “But what’s especially [...]
17,000 construction firms risk collapsing any minute as high inflation is ‘destroying entire sector’ October 4, 2022 The number of UK construction companies at significant risk of closure has jumped 54 per cent to 16,755 this quarter, up from 10,686, according to fresh data shared with Morning Wire this morning. Construction companies are struggling to cope with spiralling construction costs, inflation and rising interest rates on their debt. In the last quarter [...]
Musk angers Zelensky and top Kyiv officials with controversial war tweet October 3, 2022 Elon Musk has angered Ukrainian President Volodymyr Zelensky and other top officials after he posted a controversial tweet on Monday night. The serial entrepreneur called on his 107.7 million followers to weigh in on the Ukrainian conflict. He claimed that the war will end with the UN supervising an elections’ redo in the occupied territories [...]
Heathrow to end daily passenger cap on 29 October October 3, 2022 Heathrow has confirmed it will end its 100,000 daily passenger cap at the end of the summer flying season on 29 October. A Heathrow spokesperson said: “This cap resulted in fewer last-minute cancellations, better punctuality and shorter waits for bags. “We continue to work with all of our airline partners ahead of the winter season [...]
GLA Conservatives launch investigation into ULEZ expansion consultation October 3, 2022 GLA Conservatives have launched an investigation into the consultation on the ULEZ expansion after allegations emerged. Nick Rogers, GLA Conservatives’ transport spokesperson, wrote to London mayor Sadiq Khan demanding the consultation be opened to public scrutiny after the Telegraph this weekend reported that votes against the expansion might have been improperly removed. “TfL has excluded [...]
Majority of UK firms to ramp up business travel spending by next year October 3, 2022 The majority of UK businesses are set to ramp up their travel spending in the next year, according to research. Data published on Monday by American Express revealed that 68 per cent of UK companies would increase their business travel spending by at least 50 per cent, while four in ten firms are looking to [...]
Londoners face disruption as rail strike halts Overground on Wednesday October 3, 2022 Thousands of Londoners will face disruption on Wednesday as rail strikes halt all services on the Overground. Following a 24-hour strike on Saturday, train drivers at London Overground and 14 other operators will walk out in a long-standing dispute over salaries. Disruption will affect services on: Avanti West Coast, Chiltern Railways, CrossCountry, Greater Anglia, Great [...]
SMMT: UK automotive needs investments, not government handouts October 3, 2022 The UK automotive sector needs a renewed focus on investment, not government handouts – said industry executive Mike Hawes. According to Hawes – chief executive of the Society of Motor Manufacturers and Traders (SMMT) – car makers need a “competitive framework that is as competitive as many other countries with whom we trade and with [...]
Aston Martin bags hefty investment from Saudi sovereign fund in £654m raise September 30, 2022 Aston Martin has bagged a major investment from Chinese carmaking giant Geely today in a £654m capital raise to bolster its books.
Car firms push back against greenwashing allegations September 29, 2022 Car manufacturers have pushed back against allegations they are underreporting the indirect lifetime emissions of their vehicles. A report by European environmental NGO Transport & Environment (T&E) has accused nine of the world’s largest car makers – including Volkswagen, Toyota and BMW – of downplaying the indirect lifetime emissions of their vehicles by, on average, [...]