Recession off the cards, getting over 50s ‘back to work’, strikes and banks take stock – the five best read stories on City A.M. this week March 17, 2023 It was the week UK Chancellor Jeremy Hunt laid out his first Spring Budget, but as pension savers and taxpayers looked on, fears of a recession appeared to fade, although the sagas of banks Silicon Valley Bank, Credit Suisse and on-going strikes raged on; here are the stories readers were flocking to on City A.M. [...]
Battle brewing over ‘unreformed and generous’ TfL pension scheme August 4, 2021 Sadiq Khan is gearing up for a battle with Transport for London (TfL) staff after a report on the transport operator’s finances found its pension scheme was “expensive, unreformed and generous”. According to the Telegraph, advisers to London’s Mayor have said that the current scheme is more beneficial for workers than models used by Network [...]
Pub group Fuller’s hails ‘seven day a week City of London’ as it readies for bumper Christmas November 15, 2023 Fuller's is "primed for a strong Christmas", while its bookings are already soaring 11 per cent ahead of what they were last year.
London Underground workers to STRIKE at end of July – here’s all you need to know July 7, 2023 London Underground workers are to take industrial action in a long-running dispute over jobs, pensions and conditions. The Rail, Maritime and Transport union (RMT) said its members will take strike action from July 23 to 28. The RMT said there will be no strike on Monday July 24, while workers in different grades will take action on each of [...]
What will get London workers back into the office? March 14, 2024 Last Friday, passengers began to travel with off-peak Tube and train fares and will be allowed to every Friday until 31st May, 2024. The new scheme – announced by Transport for London (TfL) at the end of January – is a bid to increase the number of people travelling on London transport after it was [...]
North and West London faces ‘bus standstill’ as workers vote on strike action August 10, 2023 North and West London’s bus network could grind to a halt this autumn, the Unite Union has warned, as hundreds of workers are to be balloted for strikes in an ongoing dispute over pay. 500 employees French-owned operator RATP in London will vote over the next month on whether to launch a campaign of industrial [...]
Rail strikes: Lynch says government hasn’t spoken to RMT since January July 16, 2023 Rail strike misery looks set to continue for commuters after Mick Lynch, the RMT’s general secretary, said the government had not spoken to him about finding a resolution since the start of the year. Speaking on Sky News’ Sophy Ridge on Sunday Programme, Lynch said that there has been “no contact. They seem to pick [...]
Rail strikes: Half of all lines shut as Mick Lynch warns strikes could last well into summer January 4, 2023 Half of Britain’s railways are closed today with only a fifth of services running, as even London’s tube and overground network are affected by the industrial action. Train passengers are suffering another day of strike disruption as the new general secretary of the TUC called for an urgent meeting with the Prime Minister in a [...]
Rail strikes dent Trainline ticket sales as firm nursed £6m hit every day March 15, 2023 Online rail ticketing business Trainline has said annual ticket sales fell short of expectations, as rail strikes left it nursing a hit of up to £6 million a day. The group said ongoing industrial action on UK railways cost it £5 million to £6 million in gross sales impact on average per strike day. It [...]
Rail strikes: Union boss Lynch warns of more walkouts after King’s Speech November 8, 2023 RMT union boss Mick Lynch vows to continue fighting the government over pay and jobs