The Rail Delivery Group, which represents the train operating companies, reckons the dispute has cost the rail industry around £580m so far, a sum which increases with every new day of strike action. The bill is ultimately met by the government, which now picks up the tab for any shortfall in ticket sales.
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Rishi Sunak promises more rail, road and bus links
admin, , Business, 0
The prime minister said on Wednesday it would be possible to get from Manchester to Hull in 84 minutes...
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Ford to make electric car parts at Halewood plant
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The carmaking giant is investing up to £230m in its Halewood plant, safeguarding 500 jobs.
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Monzo bank in money laundering rules investigation
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“In May 2021, the FCA notified us that it had started an investigation into our compliance with the Money...
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Train drivers to go on strike on 30 July
admin, , Business, 0
Mick Whelan, general secretary of Aslef, which represents train drivers, said its members “don’t want go on strike” but...
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What went wrong at Smile Direct Club?
admin, , Business, 0
Prominent investors, such as Hindenburg Research, which is known for betting against companies, had also voiced alarm, accusing Smile...
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Shipping boss: ‘Christmas will be safe’ from shortages
admin, , Business, 0
Mr Skou estimated that approximately 300 large container ships around the world are sitting waiting outside ports. Almost 80...
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Fears for 5,000 UK steel jobs as lender collapses
admin, , Business, 0
“The joint administrators are in continued discussion with an interested party in relation to the purchase of certain Greensill...
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Retail sales soar 9.2% in April as shops reopen
admin, , Business, 0
“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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