Tube strike begins… again November 28, 2010 A fourth “pointless” underground strike began last night, leaving millions struggling to get to work this morning. The strike, which began at 7pm yesterday, will continue until 7pm tonight, with many services not fully resuming until tomorrow morning. London Underground (LU) officials had hoped to strike an eleventh hour deal with its workers but talks [...]
Tube strike to disrupt Monday’s travel November 26, 2010 A 24-hour strike on London’s underground rail network will go ahead on Monday after talks over planned job cuts broke down, heralding the fourth walk-out since September. The strike, by members of the RMT and TSSA unions, will begin on Sunday evening, and is likely to cause further travel disruption for thousands of commuters already [...]
Tube strike to disrupt Monday’s travel November 26, 2010 A 24-hour strike on London’s underground rail network will go ahead on Monday after talks over planned job cuts broke down, heralding the fourth walk-out since September. The strike, by members of the RMT and TSSA unions, will begin on Sunday evening, and is likely to cause further travel disruption for thousands of commuters already [...]
Clooney’s a cold-blooded class act November 25, 2010 Film THE AMERICAN Cert: 15 IN THIS thriller directed by Anton Corbijn (who made the excellent Control, about Joy Division singer Ian Curtis) George Clooney plays Jack, an American hit man at large in Europe. In the opening scene his Swedish idyll is disturbed by some enigmatic assassins sent to kill him – after expertly dealing [...]
Investors are right to be cynical November 23, 2010 HOW times have changed. During the boom years, venture capitalists were lining up to give billions of dollars to internet start-ups. The theory was that if you threw enough cash at these fledgling firms, some of it would stick to the next Google or Facebook. Losses that ran into the millions of dollars were the [...]
The Tube boss who is battling to rebuild the world’s oldest network November 17, 2010 It has been a tough few months for the new managing director of London Underground. Mike Brown, a company veteran who returned in March, faces his fourth strike over the axing of ticket office jobs in a matter of weeks. Tube unions RMT and the Transport Salaried Staffs’ Association say getting rid of 800 ticket [...]
Banks deny BBA talks to cut bonuses November 15, 2010 UK banks have denied they are involved in a coordinated effort to slash bankers bonuses by almost half. Banks are under pressure to trim more than £3bn from the estimated £7bn bonus pot, which is due to be announced in March. However, the four main UK banks denied rumours they are working with the British [...]
Tube strikes caused major delays but failed to paralyse London yesterday November 3, 2010 A THIRD wave of tube strikes failed to paralyse the capital yesterday as London Underground maintained around 40 per cent of trains despite the walkout. Speculation that another strike will take place over Christmas and New Year eased after the Transport Salaried Staffs Association said they will not recommend the action to its members. Some [...]
Defensive luxury October 24, 2010 DESPITE talk of a flight to quality, received wisdom tells us that consumers should cut back on fripperies in hard times. Yet luxury firms of all hues are doing remarkably well. Take Apple, the tech giant that only sells high-end products: it has continued to post ever-rising profits and revenues throughout the recession, smashing its [...]
Tube bosses sit down with unions to avert more strikes October 12, 2010 LONDON Underground (LU) bosses went back to the drawing board with trade unions RMT and the Transport Salaried Staffs’ Association (TSSA) yesterday in a bid to avert two more looming strikes and put an end to the long running dispute over staffing levels. The three parties met at conciliation service Acas yesterday afternoon to try [...]