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EasyJet founder urges shareholders to oust chairman

Sir Michael Rake's tenure as chairman of easyJet will be put to the test on Monday when shareholders vote at a meeting called by Sir Stelios Haji-Ioannou, the founder of the low-cost airline and largest shareholder.

easyJet takes on BA and Virgin for right to operate Moscow flights

easyJet is going into battle for the first time with both British Airways and Virgin Atlantic as the three airlines jostle for the right to operate lucrative flights between London and Moscow.

Rail fares set to rise three times faster than salaries

The rise in the cost of commuting to be announced this week will see rail fares increasing three times faster than salaries, a green lobby group has warned.

MP calls for a fairer deal at the pumps

AN INVESTIGATION is being demanded by a Bolton MP into why falling oil prices have not been passed on to drivers.

Monday, 13 August 2012

BBC News

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The Guardian

  • EasyJet founder urges shareholders to oust chairmanSir Michael Rake's tenure as chairman of easyJet will be put to the test on Monday when shareholders vote at a meeting called by Sir Stelios Haji-Ioannou, the founder of the low-cost airline and largest shareholder.

The Herald

  • Union in cuts warning over rail franchiseSCOTLAND's core rail link to the rest of Britain faces swingeing cuts, unions warned last night. The lifeline West Coast Main Line will see "massive cuts to jobs and services" under a new franchise deal expected to be announced tomorrow, the RMT claimed.
  • Union in cuts warning over rail franchiseSCOTLAND's core rail link to the rest of Britain faces swingeing cuts, unions warned last night.

The Scotsman

The Telegraph

Daily Express

  • Stelios bids to oust RakeSIR Stelios Haji-Ioannou will today attempt to oust easyJet chairman Sir Michael Rake at a special shareholder meeting.
  • Sir Richard Branson set for rail battleSIR Richard Branson is ready to launch a legal fight if his Virgin Trains group this week loses its West Coast franchise to rival FirstGroup.

Birmingham Post

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Railnews

  • Railways set Olympics record As the main Olympics come to an end, the railway is celebrating what is probably its most sustained effort in the history of the industry. ATOC has revealed that since the opening ceremony, train companies have provided 12.4 million extra seats, an increase of 18.5 per cent on normal services. It is believed to be the most sustained increase in capacity in the railway’s 187-year history.

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