Breaking News

Plan for Stansted second runway slips back

The CAA has followed recommendations from the Competition Commission, which questioned the urgency of the expansion, to exclude the project from the price control regime

Carphone Ross may quit more top posts

CARPHONE WAREHOUSE co-founder David Ross was last night under pressure to quit his string of boardroom posts after shock revelations about his shareholdings.

Wednesday, 10 December 2008

BBC News

Financial Times

  • Plan for Stansted second runway slips backThe CAA has followed recommendations from the Competition Commission, which questioned the urgency of the expansion, to exclude the project from the price control regime
  • Global demand for oil to plummetGlobal oil demand will collapse next year and commodities will not return to the highs they reached this summer in the foreseeable future, two reports said
  • Airlines on course for $2.5bn loss in 2009Carriers are being overtaken by falling demand for air travel amid the deepening recession in several leading economies, according to the International Air Transport Association

The Guardian

  • Carphone founder's exit hits London mayor's Olympic plansDavid Ross, the multimillionaire co-founder of Carphone Warehouse, who resigned as its co-chairman on Monday, was yesterday forced to quit as chairman of the transport group National Express and give up his post on the 2012 Olympics organising committee amid the storm over his use of personal share holdings to borrow millions of pounds.Ross, ranked as the UK's 87th richest person having helped Charles Dunstone set up the Carphone Warehouse, used his shares in that company as well as in National Express and two other businesses, as security for millions of pounds worth of personal loans. He bro...

Daily Express

  • Carphone Ross may quit more top postsCARPHONE WAREHOUSE co-founder David Ross was last night under pressure to quit his string of boardroom posts after shock revelations about his shareholdings.

Birmingham Post

Liverpool Echo

Wales Online

Yorkshire Evening Post

Blackpool Gazette

  • Blackpool free bus crisis - new dealA COMPROMISE has been reached after Lancashire councils threatened to pull out of a vital cash-sharing agreement over free bus travel for the over 60s.

Peterborough Telegraph

The Shields Gazette

Washington Post

  • Bailout plan could soon face House vote WASHINGTON (Reuters) - The House of Representatives could vote as early as Wednesday on a $15 billion plan to bail out and restructure U.S. automakers but the initiative may face possible roadblocks in the Senate, officials said.
  • Asian markets rise as Congress nears auto deal SEOUL, South Korea -- Asian markets shrugged off negative economic news to rise Wednesday, underpinned by continued faith in government measures to boost flagging economies as Congress neared a deal to rescue ailing U.S. automakers.

Other News Sources

  • Carphone boss Ross quits Boris team Carphone Warehouse founder David Ross has resigned from his high-profile London Olympics roles.
  • West Coast Mainline upgrade works completeThe last piece of work on Network Rail’s £9bn upgrade of the London-Scotland West Coast main line was completed last Sunday at Rugby.
  • Crossrail design frameworks announced12 companies have been selected by Crossrail to work on design frameworks for the £17bn project.
  • BAA response to CAA price proposals for Stansted Q5BAA today responded to the Civil Aviation Authority price proposals for Stansted in Q5...
  • Euro diesel hybridPSA Peugeot Citroën and German car components provider, Robert Bosch, have joined forces to develop, supply and industrialize diesel hybrid technology for Peugeot Citroën™s future fleet of cars.
  • Excise duty plans slammed by car groupsPlans by the government to retrospectively increase Vehicle Excise Duty (VED) in a bid to combat climate change has been slammed in a report by the Royal Automobile Club (RAC).
  • Climate change campaigners threaten direct action at British airportsSecurity at British airports, including Heathrow, may come in for review after environment campaigners laid a temporary siege on Stansted airport Monday and threatened to step up direct action against environmentally challenged airport expansion plans of the government.
  • Now, a technology to improve Internet access on trainsWashington, Dec 9 : In an effort to improve the on-board entertainment and internet access enjoyed by train passengers, University of York researchers have developed a new technology that could not only offer internet and live media services on the move but will not be too harsh on your pocket as well.
  • Now, a technology to improve Internet access on trainsWashington, Dec 9 : In an effort to improve the on-board entertainment and internet access enjoyed by train passengers, University of York researchers have developed a new technology that could not only offer internet and live media services on the move but will not be too harsh on your pocket as well.

EIN News Subscription

  • Airport protests causing some concern ... the tarmac at one of Britain's busiest airports, shut down two airports in Thailand and ... publicize causes. Philip Baum, editor of Aviation Security International, said there was an "increasing trend ... workers from the more serious threat of terrorism and by forcing airlines to pour more ...
  • UK Rail Travel Market Records 11.4% Rise ... which offers an insight into the UK rail travel market. "Rail Travel Market Report 2008 ... the infrastructure provider, Network Rail, and the train operating companies (TOCs) under franchise, concession and ... operators, and the international services provided by Eurostar and the Eurotunnel Passenger Shuttle. According to ...
  • Give us high-speed line quick, says Neil ... bring forward the delivery of a high-speed rail line slashing South Wales to London journey ... and into Wales. The plans for a TGV-style network are being studied by a commission ... minutes to Leeds, if you're an international traveller you'll go for the easiest option. We ...

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