EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts May 8, 2024 EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, Morning Wire understands.
Mace: HS2 London Euston contractor boss to step down in top brass shake-up May 8, 2024 HS2 Euston contractor Mace Euston has announced a new chief executive alongside a raft of top-level changes.
Cityfibre: Network provider hits profitability in challenge to BT Openreach and Virgin Media May 8, 2024 Cityfibre recently announced its acquisition of network provider Lit Fibre, which has boosted its full fibre rollout by up to 300,000 sites.
HS2 ‘will finish at Euston’ – but it’ll cost taxpayers another billion May 8, 2024 Taxpayer cash will be used to fund a 4.5 mile tunnel linking HS2 to its Euston terminus, breaking a prior government pledge to use private sector money.
Ferrari profit rises but investors cool on mixed outlook May 7, 2024 Profit at Ferrari rose by nearly a fifth in the first quarter, driven by increasing demand for bespoke personalisations.
Boeing supplier Spirit Aerosystems sees losses more than double amid 737 quality inspections May 7, 2024 Spirit AeroSystems saw first quarter losses more than double due to a production slowdown at Boeing following January's blowout incident.
Nissan chief warns China’s EV car market is a ‘survival game’ May 7, 2024 Nissan boss Makoto Uchida has described the Chinese market as a “survival game” after the Japanese carmaker cut its estimates for car sales in February
Train strikes to restart sparking anger from City bodies and hospitality groups May 6, 2024 Britain's railways are bracing for yet another round of industrial action as train drivers stage walkouts throughout next week.
Easyjet, Ryanair and Wizz Air urge Brussels to ignore airline lobbying against contrail crackdown May 6, 2024 Europe's budget airlines have put aside their rivalry to attack lobbying by their long-haul counterparts to limit the scope of new EU climate regulations.
British Airways owner preps results amid Air Europa takeover delays May 6, 2024 British Airways owner IAG will report its first quarter results on Friday amid investor scepticism grows over its latest attempt to purchase Spanish carrier Air Europa.