Construction disputes rise as Carillion fallout continues to hurt industry December 5, 2019 The number of construction disputes in the High Court has increased in the last year, as contractors struggle with tougher trading conditions, according to research. The UK’s specialist Technology & Construction Court (TCC) heard 397 construction related disputes in the year ending 30 June, the third consecutive annual rise. Read more: Reforming public procurement can [...]
South African Airways: State-owned carrier in limbo as bailout doubts persist December 4, 2019 Time is running out for South African Airways (SAA), as the embattled carrier hopes for a bailout from South Africa’s government. The state-owned airline paid only half of staff salaries last month, and may have to file for liquidation in the near future if it cannot secure R2bn (£100m). Read more: Virgin Atlantic in fresh [...]
Rail strike: Union writes to South Western to restart talks as commuters complain of ‘hell’ December 4, 2019 Rail union bosses have written to South Western Railway in an attempt to halt what is planned to be Britain’s longest ever rail strike. As commuters complained of “hell” on their way to work with the strike entering its third day out of 27, the Rail, Maritime and Transport Workers (RMT) Union asked South Western [...]
The best quotes from Elon Musk’s first day of ‘pedo guy’ testimony December 4, 2019 Elon Musk has offered yet more memorable quotes on his first day of testimony at a defamation case over his calling a British cave diver a “pedo guy”, with the Tesla chief’s lawyer arguing he did not intend for the insult to be a statement of fact. Musk tweeted “pedo guy” in reference to Vernon [...]
Amey to offload two business units as Spanish owner Ferrovial works towards sale December 3, 2019 Amey, one of the UK’s biggest providers of outsourced public services, is said to be looking to hive off two of its business units as part of plans by its Spanish owner to sell the company. The firm, which employs about 17,000 people, has reportedly hired advisers to sell its environmental services and utilities divisions, [...]
Commuter chaos continues as London rail strike standoff enters second day December 3, 2019 The standoff between South Western Railway and the Rail, Maritime and Transport Workers (RMT) Union went on today, as Labour faced claims it was working alongside union bosses to boost its election prospects. Commuters were left miserable again as the longest rail strike in history entered its second day, with some warning that the remaining [...]
Boris Johnson complaint over Channel 4 melting ice sculpture rejected by Ofcom December 3, 2019 There was nothing wrong with Channel 4’s use of a melting ice sculpture to represent Prime Minister Boris Johnson during its climate debate after he refused to turn up, according to Ofcom. Following the televised debate, the Conservative party lodged a complaint with the media regulator, but this has been rejected. Read more: BBC agrees [...]
Ferguson profit rises as plumbing group looks to separate UK business December 3, 2019 Plumbing parts distributor Ferguson enjoyed rising profit after residential housing activity in the US improved. The London-listed firm said it was still on track to split off its UK business, as it pivots to focus on the US market. Shares fell 1.8 per cent this morning. Read more: Ferguson suffers investor revolt over executive pay [...]
Takeaway.com lashes out at Prosus ‘scaremongering’ in battle to buy Just Eat December 3, 2019 Takeaway.com has accused Prosus, the company it is competing against to buy Just Eat, of “scaremongering” to try to persuade shareholders to accept its rival offer. The Dutch food delivery firm has had a £5bn bid accepted for Just Eat but tech group Prosus has come in with a rival 710p per share offer. Read [...]
Christmas travel chaos looms as South Western rail staff prepare to strike from Monday November 28, 2019 Londoners are set to endure a month of chaos on one of the capital’s busiest railways, after last ditch strike talks between union bosses and the rail operator broke down again today. The 27 day strike, which begins on Monday, is on course to be London’s worst ever, and will hit all South Western rail [...]