Appointment of new boss proves government is serious about sale October 13, 2010 THE appointment of Moya Greene as the Royal Mail’s new chief executive reveals the government’s hard-nosed approach to privatising the business, whatever the objections of the Communication Workers Union. Greene has a great deal of experience in such matters overseeing the privatisation of Canada’s national rail network and the deregulation of its airline industry as [...]
Appointment of new boss proves government is serious about sale October 13, 2010 THE appointment of Moya Greene as the Royal Mail’s new chief executive reveals the government’s hard-nosed approach to privatising the business, whatever the objections of the Communication Workers Union. Greene has a great deal of experience in such matters overseeing the privatisation of Canada’s national rail network and the deregulation of its airline industry as [...]
ANGER OVER COST OF SNOW FIASCO December 2, 2010 THE COST to the UK economy of the mounting chaos bought by the snow and unseasonally cold temperatures could be as much as £1.2bn a day, it was claimed yesterday. As the seventh day of the cold snap saw the disruption reach the south-east of England, with more than six inches of snow falling overnight, [...]
Tube strike to start at 7pm today November 1, 2010 MILLIONS of commuters face yet another struggle to get home this evening as a third 24-hour strike on the London Underground begins. Transport for London (TFL) warned yesterday the underground network will begin to grind to a halt from around 5pm this evening as Tube workers wind down services in preparation for the strike, which [...]
Watch sterling for the market’s view on cuts October 21, 2010 AFTER all the millions and billions of pounds that were tossed around by chancellor George Osborne on Wednesday, many Brits will be left wondering what impact the coalition government’s spending review has on them. Some measures, such as the removal of child tax benefit for families with at least one higher earner, were widely expected. [...]
CITY VIEWS: ARE YOU WORRIED ABOUT A SPRING OF STRIKES? March 29, 2010 ROSS D’AURIGNY | AURIGNY COMMODITIES “I think its become inevitable that we will see a spring of strikes and rail workers are next. The strikers have lost all semblance of reality about what it all started over. The trade unions don’t realise they are costing Gordon Brown the election. We are in for a torrid [...]
Tube strike causes gridlock and costs economy £48m September 7, 2010 Millions of commuters across London struggled to get to work on Tuesday as a 24-hour strike by workers on the underground rail system crippled much of the network, hurting the city’s convalescent economy. Passengers took to bikes, buses, walked, or made use of extra boat services on the Thames that runs through the city in [...]
Wave of strikes set to cause transport chaos March 30, 2010 BRITONS are facing a spring of strikes with a raft of airline, rail and tube walkouts hitting travellers. Major disruptions are likely as British Airways (BA), Network Rail and London Underground staff threaten to launch further walkouts. The news comes as Network Rail has taken legal action against rail union RMT over threats of a [...]
Tube workers set to strike August 24, 2010 TUBE workers are set to go on strike on 7 September in the first of a series of monthly walkouts in protest at 800 proposed job cuts. The Rail Maritime and Transport (RMT) union secretary Bob Crow and Transport Salaried Staffs Association (TSSA) leader Gerry Doherty are due to meet today to finalise the timetable [...]
Reality bites October 20, 2010 Axe falls as Britain gears up for biggest cuts since 1976 Chancellor slashes welfare bill by £18bn to shield departments Middle class child benefit cut will affect 300,000 more families Businesses furious at plans for new £1bn carbon stealth tax Police and prisons hit hard but hospitals and schools protected Rail fares to soar by [...]