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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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  • 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...

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