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Hedge fund boss backs Heathrow Hub [Subscription]

The key investor in an alternative Heathrow expansion plan that avoids building a new runway has been named as one of London’s most successful multimillionaire hedge fund managers.

Southern Rail strike: ‘Business as usual’, say hardened commuters as misery continues with walkout

The franchise is running just 60 per cent of normal services with hundreds of cancellations on 15 routes as the industrial dispute over driver-only trains rages on.

Tuesday, 09 August 2016

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  • Andrew Percy: the Foundry worker's son in charge of the Northern PowerhouseAndrew Percy is the country’s new Minister for the Northern Powerhouse. He was appointed to the role by Theresa May shortly after she took over at Number 10. Relatively unknown among MPs, Mr Percy’s appointment also comes in the wake of the demotion of former Chancellor George Osborne, who was the principal driving force behind the Northern Powerhouse idea.

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Chartered Institute of Logistics and Transport

  • Logistics firms face ongoing driver retention concernsTransport operators continue to face driver retention concerns, new data has revealed. Logistics Manager reports new research published as part of the Close Brothers Business Barometer for the last 12 months has highlighted the issue of driver retention as among the top issues to face the sector at present, with an average level of driver turnover in the UK of 20 per cent. Overall, 31 per cent of respondents to the survey said they find it difficult to retain professional drivers after completing their training, while 25 per cent lamented an ongoing lack of suitably qualified drivers to fill k...

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Rail Technology Magazine

  • RMT's five-day strike on Southern startsThe RMT’s five-day strike in the bitter dispute with Southern over plans to expand driver-operated only (DOO) services has started today. Hundreds of thousands of commuters will be affected by the action, which is the longest rail strike since 1968. Under a revised timetable, the operator...

Railnews

  • Tempers shorten as five-day strike starts on Southern The longest strike yet in the driver-only operation dispute on Southern has begun, and RMT conductors are set to maintain their walkout until midnight on Friday. Tempers are shortening on all sides. Southern said it was 'deeply disappointed and angry on behalf of our passengers', but the RMT accused the Department for Transport of acting behind the scenes to sabotage the talks. Southern said there are no trains at all on some routes, while services will cease by 18.00 on others.

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  • Rail walk-out set to rock economy BUSINESS experts have warned of the devastating impact on the economy as commuters endured the first day of the week-long rail strike.

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