Northern line’s Bank branch 17-week closure to start on Saturday January 13, 2022 Transport for London (TfL) has urged commuters to check their travel plans, as the Northern line’s Bank branch will be closed from Saturday. The closure, which will enable the completion of a tunnel and a passenger concourse, is part of the Bank Station Capacity Upgrade, which aims to increase capacity at Bank and Monument stations [...]
Expected 50 per cent hike in energy bills may trigger ‘devastating’ national emergency for millions of older Brits January 13, 2022 An anticipated price jump of about 50 per cent for energy bills across the country, likely from April onwards, can lead to a national emergency for millions of older people, a charity warned this morning. Age UK has urged ministers to take immediate and decisive action on energy bills to “mitigate the potentially devastating impact [...]
Air freight demand raises aviation outlook, research says January 13, 2022 The Covid-induced increase in air freight demand has raised the aviation industry’s outlook, according to research from global law firm Reed Smith. Over the last 20 months, the pandemic and the consequent travel restrictions reduced demand for passenger flights but increased it for air cargo, especially as a result of supply chain issues and peaks [...]
Ovo Energy to axe a quarter of workforce amid energy crisis January 12, 2022 Ovo Energy, one of the country’s largest energy suppliers, is set to slash a quarter of its workforce. According to a report by Sky News, the firm will restructure in a bid to cut costs, with around 1,700 jobs out of 6,200 at risk. The firm is expected to announce a voluntary redundancy programme as [...]
Santander Cycles hit record figures in 2021, TfL says January 12, 2022 Transport for London (TfL) has announced that 2021 was the year with the highest ever use of Santander Cycles, as almost 11 million hires were registered. More than a million people used the scheme last year, with 178,000 members joining the scheme – a 7 per cent increase on 2020. The past year hit a [...]
ITA Airways in search for partner ‘to put money on the table’ January 12, 2022 Italian carrier ITA Airways is searching for a partner to ‘put money on the table’ and invest in the newly born airline. Speaking at a parliamentary hearing, ITA Airways’ chairman Alfredo Altavilla said Alitalia’s successor is already in talks with European and overseas potential partners and it is expected to seal the deal by June, [...]
Ryanair calls on EU to ignore ghost flights claims January 12, 2022 Ryanair has called on the European Commission (EC) to ignore Lufthansa’s ‘ghost flights’ claim, accusing the German carrier of “blocking their slots” to protect themselves from competition with low-cost airlines. “The solution to Lufthansa’s ‘ghost flights’ problem is a simple one – just sell these seats to consumers,” said Ryanair’s chief executive Michael O’Leary in [...]
Bankruptcy watchdog clears Thomas Cook bosses of wrongdoing January 12, 2022 The Insolvency Service, the UK’s bankruptcy watchdog, has reportedly cleared the bosses of global travel group Thomas Cook of wrongdoing, more than two years after the company collapsed. “The liquidation of Thomas Cook Group is a complex and significant insolvency, with the Official Receiver carrying out his duties to ensure an orderly wind-up of the [...]
Maersk to become net zero by 2040, a decade before the initial target January 12, 2022 Shipping giant Maersk has announced that, alongside its whole supply chain, it will become net zero by 2040, 10 years before the initial 2050 target. To dramatically cut its environmental impact, Maersk has set both near and medium-term targets, including a 50 per cent reduction in emissions per transport container as well as 70 per [...]
SWR latest operator to adjust timetable because of Omicron January 12, 2022 South Western Railway (SWR) has followed in the footsteps of operators such as Greater Anglia and ScotRail and introduced a temporary timetable as a result of the spread of Omicron. From 17 January, journey planners will be adjusted on a weekly basis, with updates being communicated toward the end of each week. Remaining under review [...]