Why Am I So Single? review: Six the Musical creators return with the most fun new show in the West End
Greene King strikes £50m deal with Scottish Widows to cover pension liabilities September 17, 2018 Pub chain Greene King today announced it had struck a £50m deal with Scottish Widows to cover some of its pension liabilities. The company's first so called bulk annuity transfer will see Scottish Widows cover Greene King's responsibilities to pensioners in its final salary Spirit Pension Scheme. There may also be future moves to secure further annuities in [...]
Shares fall as BA investigates data breach affecting 380,000 card payments September 6, 2018 British Airways has admitted that hackers stole customer data from its website and mobile app over the last two weeks. Shares in International Airlines Group, of which BA is a subsidiary, have fallen more than 2 per cent this morning as the airline launched an investigation into the theft, which it said affected at least [...]
Rail review head Keith Williams says government role in industry ‘has to change’ March 19, 2019 The government's role in the UK railways will "have to change" if the industry is to become more customer-focused, the former boss of British Airways has said. Keith Williams, who was appointed to lead a "root and branch" review of the railways following last year's May timetable chaos, hinted that the Department for Transport (DfT) could take [...]
Rail review head Keith Williams hints at compensation role for regulator March 12, 2019 The former British Airways chief executive tasked with a full-scale review of the railways has hinted that the industry regulator could be tasked with handling compensation claims. Keith Williams, who was appointed by the government to carry out the review in the wake of last year's May timetable chaos, suggested the rail industry could learn from the [...]
MPs hit out at Department for Transport over delayed response to May timetable chaos review February 18, 2019 MPs have hit out at the government for its delay in responding to a report into last year's May timetable chaos, which found that transport secretary Chris Grayling could have done more to avert the troubles. The Transport Select Committee said it was "disappointing" that the Department for Transport (DfT) had decided to delay its response [...]
Sadiq Khan calls for TfL to take over from Network Rail as London’s railway manager March 26, 2019 Sadiq Khan has said Transport for London (TfL) should replace Network Rail as the UK's rail infrastructure manager to improve the reliability of services for London's commuters. The London mayor wants responsibility and funding for key rail assets such as tracks and stations to be transferred to the transport body so it is able to plug the communication gap [...]
Arch rivals Walsh and Branson in bidding war for struggling airline Flybe November 25, 2018 Arch airline rivals Willie Walsh and Richard Branson are set to go head to head in a bidding war for struggling airline Flybe. Walsh, who is chief executive of British Airways owner International Airlines Group (IAG), is facing competition from Branson’s airline Virgin Atlantic as the two carriers vie to take control of Flybe, which [...]
Airline stocks enjoy share price bump following positive forecast for 2019 January 21, 2019 Several airline stocks have enjoyed share price bumps today following a positive note on European airlines by Davy Research. Air France-KLM, Norwegian and Thomas Cook were among the airlines that enjoyed spikes in their share price, with the Franco-Dutch carrier enjoying a near 5 per cent rise. Norwegian's share price increased by 3.52 per cent [...]
Ryanair falls to €20m loss as O’Leary signs new five-year contract February 4, 2019 Budget airline Ryanair today said it suffered a €20m (£17.5m) loss in the third quarter of its financial year, blaming weaker ticket prices. The airline also said that longstanding chief executive Michael O’Leary had signed a five-year contract for the role of group chief executive, as the company moves to a new structure. Read more: Ryanair [...]
Flights to continue between UK and EU for 12 months in event of no-deal Brexit December 19, 2018 The EU has said flights from the UK into and over the EU would be allowed for 12 months to enable "basic connectivity" if the UK leaves the bloc without a deal. Following the government's announcement yesterday that it was ramping up its preparations for leaving the EU without a deal, the EU has issued [...]