Network Rail staff to strike March 25, 2010 BRITAIN’S railways are set to descend into chaos in the four days immediately after Easter, after rail union RMT yesterday called a crippling national rail strike for the first time in 16 years. Strikes are set to go ahead on each of four days between 6am and 10am and between 6pm and 10pm, starting on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 21, 2010 FINANCIAL TIMES FIAT TO SPIN OFF NON-CAR DIVISIONS Fiat is to demerge its non-automotive divisions from its core carmaking business in a watershed moment for the 111-year-old Italian industrial group. The spin-off will see Fiat’s Iveco trucks, Case New Holland farming and construction equipment, and industrial and marine engines divisions split off from its Fiat, [...]
Portugal suffers from jitters on the back of Greek uncertainty April 26, 2010 YIELDS on 10-year Portuguese bonds rose to 5.3 per cent yesterday, as investors fretted over what the Greek debt crisis might mean for some of Europe’s more peripheral economies. Now 10-year bond yields in Portugal have risen from 4.28 per cent a couple of weeks ago and yields on shorter term debt is rising too. [...]
Network Rail staff to vote on a strike March 10, 2010 NETWORK Rail maintenance workers will vote today on whether they will take industrial action and launch the largest rail strike in 16 years. Up to 12,000 maintenance crew will vote this morning on a possible strike, according to a spokesperson from the National Rail, Maritime and Transport (RMT) Union, which is representing the workers. Similarly, [...]
Rail union votes for strike March 19, 2010 RAILWAY signal workers have voted to go on strike in action which threatens to throw easter travel plans into chaos. The Rail Maritime and Transport union (RMT) said 54 per cent of its members had backed strike action over redundancies. A spokesman for the RMT leader Bob Crow is still willing to negotiate with Network [...]
Tube staff threaten strike March 24, 2010 LONDON Underground has been given until the end of today to withdraw plans to axe 800 jobs or workers will walk out of the job. The Rail, Maritime and Transport (RMT) union, which is representing workers facing job cuts said it will call a ballot for strike if management doesn’t comply. “We have already warned [...]
UK high-speed rail network to cost £30bn March 11, 2010 PLANS to build a high-speed rail network connecting London with Northern Britain were revealed yesterday by transport secretary Andrew Adonis, in a project expected to cost £30bn. Adonis laid out his proposals for the 335 mile “Y” shaped line, which is expected to significantly cut travel time to the West Midlands, Leeds, Manchester and Sheffield [...]
Defiant BA flies on despite chaos March 21, 2010 BRITISH Airways flew 49,000 customers yesterday despite a strike action by cabin crew. The airline said yesterday that 55 per cent of Heathrow based cabin crew turned up to work, and 97 per cent showed up at Gatwick. Originally the airline thought it would fly 45,000 passengers, or 60 per cent, on each day of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 31, 2010 FINANCIAL TIMES BARRISTER’S EX-WIFE WINS PAYOUT AFTER 25 YEARS A leading barrister has been ordered to pay his former wife a lump sum of £215,000 – 25 years after they divorced. David Vaughan QC, an expert in European law, had been been paying his former wife Philippa an annual sum of £27,175. But in November [...]
New look for Cannon Street station set to stun the City January 6, 2010 NETWORK?Rail (NR) has revealed the new look of its revamped Cannon Street station in the heart of the City. The rail infrastructure operator and property developer Hines have released new artists’ impressions of their Cannon Place office development, which is due to open in 2011. The two groups are building an eight-storey, 400,000 sq ft [...]