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Taxpayer faces bill for rail franchise failures [Subscription}

Taxpayers will help prop up ailing rail franchises under plans to encourage more companies to bid for routes.

Carillion faces Wednesday showdown with lenders to safeguard future

Troubled contractor Carillion faces a pivotal showdown with lenders next Wednesday, hoping to convince them to plug a massive funding gap and safeguard the future of the firm and its 50,000 global workforce.

Sunday, 07 January 2018

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  • The Bike Project charity: ‘A gift for you, a lifesaver for someone else’ | Martin LoveThe Bike Project aims to get refugees on to bicycles. It’s a simple idea which can make a huge differenceWhen you have very little, a bicycle offers so much. At the Bike Project in south London they take donated bikes, fix them up and give them to refugees and asylum-seekers. Having free and easy transport helps people get to food banks, access legal advice, healthcare and education. It may even help in finding a job. Since the charity started in 2013, they’ve given away nearly 3,000 bikes. You can help, too, by donating your old bike (did you get a new one for Christmas? Do you want to create...
  • Fire as one plane crashes into another at Toronto Pearson airportPassengers evacuated after collision between Westjet and Sunwing airliners when one of them was being towed and the other was waiting to parkPassengers were forced to evacuate via emergency slides in the frigid cold on Friday night after two planes collided on the ground at Toronto’s Pearson International Airport. No injuries were reported.WestJet said an inbound from Cancun, Mexico with 168 passengers and a crew of six was stationary and waiting to go to a gate when it was struck by a Sunwing aircraft moving back from a gate. Continue reading...
  • Firms including easyJet and Virgin Money reveal huge gender pay gapsCo-operative Bank and Bank of England have also revealed large gaps as April deadline for submitting figures approachesMore big companies have been found to have wide gender pay gaps as firms report on what they pay male and female employees ahead of an April deadline.The Co-operative Bank, easyJet and Virgin Money are among those with a double-digit gap in their mean hourly pay rates between male and female workers. Continue reading...
  • Is this the best we can do with Britain’s railways?As more strikes loom and fares rise steeply, Britain’s railways are the subject of intense debate once again. Would renationalisation solve the problems?Asked by the Observer to explain the issues he has with his morning rail service, Croydon commuter Ian Devlin needs one clarification: “How many pages do you have?”“It’s a disgusting,” he says, waiting on South Croydon’s platform three just before 8am, with no expectation that he will have a seat on his journey. “Cancellations, reduced carriages – I won’t get a seat on this one, either. I think they should be brought back in [to national owner...

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