UK strikes autumn 2019: All the dates for Tube, rail and British Airways strikes August 29, 2019 This summer has felt like the season of non-stop, stop-start UK strikes action, but unfortunately, it isn’t over, with British Airways strikes and more planned for September. Industrial action across airlines, rail and the Tube are set to continue into the autumn. City A.M. gives you the low-down on how you might be affected during [...]
Crossrail is paying drivers £13m a year to practise while they wait for Elizabeth Line to open May 15, 2019 Crossrail is spending nearly £13m a year on drivers who are spending their time practising as they wait for the delayed railway to open in two years' time. Read more: Crossrail bosses blasted for 'driving up costs' on London's £17.6bn project The numbers were revealed after Gareth Bacon, the Tory leader in the London Assembly, asked [...]
Bombardier in line to win €2.3bn Cairo monorail contract May 28, 2019 Canadian firm Bombardier has been named as the preferred bidder for a €2.3bn (£2bn) contract to build a monorail system in Egypt’s capital, and said it would make the trains in Britain. Read more: Airbus boss cagey over Bombardier Northern Ireland plant If successful, Bombardier’s transportation arm would bag a design and build contract worth €1.2bn [...]
Sanjeev Gupta’s Liberty Steel completes €750m Arcelormittal asset purchase July 1, 2019 Liberty Steel, part of billionaire Sanjeev Gupta’s GFG Alliance, has completed the €750m (£671m) acquisition of Arcelormittal’s European assets. The deal, which will add 14,000 employees, seven steelworks and five service centres to Liberty’s portfolio, is the biggest undertaken by the group to date. GFG Alliance now has around 30,000 workers across 30 countries, following [...]
Network Rail urges passengers to plan Easter travel ahead of upgrade works March 11, 2019 Network Rail has urged passengers to check their travel plans this Easter as it invests more than £100m in railway upgrades. Network Rail, which manages Britain's railway network, said most routes would be open for "business as usual" travel as majority of the network is unaffected by upgrade work, but still warned those getting away for [...]
Exit strategy: How and when Boris Johnson will end the UK lockdown May 7, 2020 The Prime Minister is set to reveal a “roadmap” to end UK lockdown measures on Sunday, but what does the exit strategy look like, and when will measures be eased? Last week, Boris Johnson said the UK had “passed the peak” and today chairs a Cabinet meeting that will focus on what restrictions can be [...]
Labour plays down BT renationalisation rumour July 2, 2019 Labour played down rumours yesterday it was looking to renationalise BT in a move that would cost around £30 billion. It was reported that advisers to Labour leader Jeremy Corbyn were considering a plan drawn up by the Communications Workers’ Union to bring the company back into public ownership. Labour’s shadow chancellor John McDonnell poured [...]
Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]
London commuter belt house prices sink as train fares rise August 29, 2019 London commuter belt house prices have fallen while train fares into the capital rose, new research shows. Commuters making the journey from hubs such as Brentwood, Woking, High Wycombe, Southampton and Gillingham have seen the values of their properties sink over the last year. Read more: Grant Shapps indicates support for TfL gaining control of [...]
It’s not just that Corbyn hates capitalism — he doesn’t even understand it December 10, 2019 It’S not exactly news that those at the top of the Labour party dislike capitalism. But what’s less often pointed out is how little they actually understand about it. Last week, on my Twitter account, I published something of a demolition of Labour’s claim to save every household £6,700 a year. After only a cursory [...]