Jaguar Land Rover roars to record year globally as Jaguar sales rocket 77 per cent January 9, 2017 Jaguar Land Rover is purring. The UK's largest car manufacturer just had a record year, announcing global sales of 583,313 vehicles, as it sold more than one car every minute. Sales have almost tripled since 2009. It marks the firm's seventh consecutive year of growth in sales, and the total number of 583,313 vehicles was up 20 [...]
As Tube strike causes chaos for the capital’s commuters, more travel headaches are on the cards January 9, 2017 A 24-hour Tube strike started yesterday evening, marking the first action in a week of more travel turmoil for travellers – and the action could be set to spread. The Transport Salaried Staffs’ Association refused a last-ditch offer yesterday, which had already been dismissed by the Rail, Maritime and Transport (RMT) union. As a result, [...]
What Brexit? Full steam ahead for the UK’s £605m superyacht industry January 9, 2017 The UK's superyacht industry is posting revenues "not seen since the financial crash", according to new figures. While sharp ripples of uncertainty were caused in the wake of the Brexit vote, business confidence soon rebounded. According to a report by British Marine unveiled at the London Boat Show, the UK's leisure marine industry grew for [...]
Why unleashing competition would deliver lower fares and greater choice to rail passengers January 9, 2017 The UK’s rail passengers are suffering, and will no doubt continue to do so over the coming months. Union action is bringing the network to a standstill, with further strikes planned for this week. The level of sickness leave among train staff has also been mysteriously increasing, and has doubled compared to pre-strike levels, according [...]
The average price of leasing popular cars surges eight per cent in two months thanks to post-Brexit vote inflation January 9, 2017 While the process of Britain leaving the European Union hasn't yet started, the wheels are already in motion for a rise in the cost of cars to consumers. The monthly cost of leasing a basket of some of the more popular car models has risen by an average of eight per cent, from £245.70 to £264.70, [...]
Ryanair boss Michael O’Leary: Voters were “lied to” by Brexit campaigners over staying in the Single Market January 8, 2017 Michael O'Leary hasn't shied away from criticism of Brexit, and has warned the impact on the airline industry could be substantial. He said people were promised they could leave the EU and stay in the Single Market. "It's now absolutely clear that they were lied to by the exiters. That offer is not on the [...]
Tui in talks with Swiss firm Kuoni and American companies KKR and Warburg Pincus over Travelopia sale January 8, 2017 Tour operator Tui is in talks with Swiss rival Kuoni and American buyout giants KKR and Warburg Pincus over the sale of a range of travel websites. In September of last year, Europe's biggest tour operator confirmed it had asked Citigroup to find a buyer for specialist holiday arm Travelopia in a deal potentially worth €500-600m (£428m-£514m). [...]
Two essential maps for walking around London during the Tube strike January 8, 2017 Commuters face more crazy travel troubles as Tube workers prepare to go on strike starting from 6pm on Sunday evening. London Underground stations in Zone 1 are expected to be severely disrupted with many closed, meaning that travellers will have to find alternative routes to their destinations if still travelling into the city. Read more: There's [...]
Bad news commuters: A 24-hour Tube strike is going ahead from 6pm after unions reject last-ditch offer January 8, 2017 The Transport Salaried Staffs' Association (TSSA) has rejected a new offer on jobs from the London Underground in a bid to avoid a 24-hour strike. The union said its members are going ahead with the industrial action from 6pm on Sunday. It comes after the biggest rail union, the Rail, Maritime and Transport (RMT) union, [...]
Tube talks have failed – Monday’s strike is expected go on January 7, 2017 A last-ditch meeting between Transport for London (TfL) and unions to prevent tomorrow's Tube strike fell apart after the RMT union left the talks declaring the strike would go ahead. The Transport Salaried Staffs Association (TSSA) union and London Underground remain in talks at conciliation service Acas. John Leach, regional organiser for RMT told reporters London Underground's position has not changed [...]