Revealed: Londoners’ daily commute is 23 minutes longer than the UK average November 13, 2018 Londoners' daily commute takes 23 minutes longer than the UK average at one hour and 21 minutes, TUC trade union analysis has shown. The joint runners up for the longest commute to and from work are the east of England and south east, where the journey into work takes 62 minutes. Workers in Northern Ireland, [...]
RMT union calls on Sadiq Khan to halt possible ticket office closures on London Overground October 3, 2018 The RMT rail union has called on the mayor of London Sadiq Khan to halt the planned closures for ticket offices on the London Overground. Last September the operator of the London Overground, Arriva Rail London (ARL), announced a review into how people pay for their tube travel, following the boom in people paying for travel via contactless [...]
RMT weekend train strikes cause major disruption across the UK October 6, 2018 A 48-hour rail strike on South Western Railway (SWR) by the RMT Union has continued today, alongside a 24-hour walkout by workers on Northern rails. The SWR strike, which began yesterday morning and affects routes out of London Waterloo and Clapham Junction, has led the operator to run only around half of its normal services [...]
Crossrail: Watchdog blasts bosses for ‘driving up costs’ on London’s £17.6bn delayed Elizabeth Line May 3, 2019 Crossrail bosses took decisions that drove unnecessary cost into the troubled £17.6bn railway, a report by Whitehall's spending watchdog has found. A catalogue of errors including a "failure to change course" when it was clear the project was de-railing, as well as flaws in its own commercial strategy, led to cost increases and the current uncertainty [...]
Open your eyes, Labour is more radically left than it’s ever been November 27, 2018 When something new happens in politics, people like to pretend they’ve seen it before. Look at Jeremy Corbyn’s Labour party. In the City, lazy thinking about Labour is everywhere. Pub bores, from Leadenhall to Limehouse, will tell you that Corbyn’s party today is a just bad Betamax video of a 1970s-era Labour government. This is [...]
Interserve inches closer to safety as second proxy adviser embraces rescue deal March 7, 2019 Interserve scored a second victory on Thursday in a long running feud with its biggest shareholder, Coltrane Asset Management, as Europe’s largest independent shareholder advisor backed a rescue deal designed to save it from administration. Pensions and Investment Research Consultants (PIRC) has followed another advisor, Institutional Shareholder Services (ISS), in throwing its weight behind the [...]
Travel chaos averted as rail union suspends Christmas strike action on Central and Bakerloo lines December 20, 2018 The rail union has suspended its planned action on the Central and Bakerloo lines that was set to wreak havoc over the Christmas period. The Central Line strike was due to take place from 9pm tomorrow and last until Saturday at midnight, when the the line would reopen for the night service. Drivers on the Waterloo [...]
Season ticket holders hit by May timetable chaos have a month to claim compensation September 25, 2018 Eligible season ticket holders affected by the May timetable disruption have until 30 November to reclaim compensation. Embattled operator Govia Thameslink Railway (GTR) has opened the second phase of its compensation scheme for passengers who were hit with cancellations and delays arising from the timetable overhaul in May. GTR, which operates Thameslink, Great Northern, Southern and [...]
More strikes on the cards as RMT renews mandate for industrial action on South Western Railway September 6, 2018 More strikes lie ahead for users of South Western Railway after workers at the RMT rail union voted to continue action over the role of guards. The RMT union said it had secured an 88 per cent vote to continue with the strikes that have plagued commuters over the past year after the government forced [...]
Tube driver salaries break £100,000 barrier despite train automation December 16, 2018 Some London Tube drivers are now earning more than £100,000 a year, despite new technology that makes their jobs easier. Figures obtained by the Sunday Times reveal the highest-paid driver earned £103,374 in the year to November, a 69 per cent rise since 2012. The surge in pay comes despite five of the network’s 11 lines [...]