Latest news with #Filton
Yahoo
4 days ago
- Business
- Yahoo
Airbus workers vote to strike over 'poor pay' offer
Airbus workers have voted in favour of industrial action in a dispute over a "poor pay" offer. More than 3,000 aircraft fitters and engineers at sites in Broughton, Flintshire, and Filton, Bristol, were balloted by the union Unite, and 95% of union members voted in favour of strikes on an 80% turnout. In a statement, Airbus said it was not formally notified of any industrial action, and while it had made a "competitive and fair" pay offer, would be open to further discussions with the union to find a way forward. The Unite union said it remained committed to trying to avoid industrial action if the company would be prepared to re-negotiate. UK company to build satellite system worth £127m Extra defence cash could be spent in Wales - minister Airbus confirms deal for Spirit operations in Belfast Airbus said the pay offer for 2025 totalled an increase of more than 20% over the past three years. However, Unite said while the pay offer would not be made public as negotiations continued, it was below inflation and a "real-terms pay cut". Rhys McCarthy, Unite national officer for aerospace, said the vote "shows the depth of anger that our members have over the poor pay offer from Airbus". "It is not too late to avoid industrial action if they get back around the negotiating table with a new offer that is acceptable to our members," he added. "Otherwise they will see that anger first-hand on the picket line." The workers produce aircraft wings for the A320 family, A330, A350 and A400M military transport aircraft - core programmes in Airbus's global operations. If there is no resolution, strike action could begin in September, with dates to be confirmed.
BBC News
5 days ago
- Business
- BBC News
Broughton Airbus workers to strike over 'poor pay' offer
Airbus workers have voted in favour of industrial action in a dispute over a "poor pay" than 3,000 aircraft fitters and engineers at sites in Broughton, Flintshire, and Filton, Bristol, were balloted by the union Unite, and 95% of union members voted in favour of strikes on an 80% union said it remained committed to trying to avoid industrial action if the company would be prepared to re-negotiate. Rhys McCarthy, Unite national officer for aerospace, said the vote "shows the depth of anger that our members have over the poor pay offer from Airbus". "It is not too late to avoid industrial action if they get back around the negotiating table with a new offer that is acceptable to our members," he added. "Otherwise they will see that anger first-hand on the picket line."The workers produce aircraft wings for the A320 family, A330, A350 and A400M military transport aircraft - core programmes in Airbus's global there is no resolution, strike action could begin in September, with dates to be confirmed.
BBC News
5 days ago
- Entertainment
- BBC News
New Bristol arena 'could have larger capacity of 20,000'
The group behind a massive new music venue planned for Bristol says it is now planning for a maximum capacity of 20, YTL Arena is being created inside a hangar on the old Filton Airfield, with the latest estimates saying it could open in plans suggested it would be able to hold 17,000 fans, with that later increased to 19, a statement YTL Arena Chief Executive Andrew Billingham said increasing the capacity beyond even those numbers is "really important". Plans for the arena in Filton were first announced in 2018, with it set to be the centre point of the Brabazon development, which will also include 6,500 huge scheme has been much delayed, with the developers - Malaysian-owned YTL - initially saying it could be open by expected opening has already been pushed back by six years, and the idea to increase capacity will now require new planning permission from South Gloucestershire Council. Andrew Billingham, Chief Executive of YTL Arena, said: "We want to attract the biggest artists and events to Bristol, so increasing the capacity to 20,000 is really important to us."We'll achieved this by maximising the size of the floor of what will be our standing area, where concertgoers will be stood on the very same concrete where Concorde was built."The Filton arena was promoted as a more affordable alternative to a previously council-backed scheme next to Bristol Temple Meads railway was first proposed in 2003, but building work never started, and while the plan was resurrected in the 2010s, former city mayor Marvin Rees scrapped the construction is yet to begin on the Filton arena, work on a railway station to bring concert-goers to the venue is under brand new station, North Filton, is set open as an unstaffed station in late 2026, though this is set to be enlarged later when the arena nears hundreds of people have already bought and moved into new homes as part of the development, and there are plans for schools, student accommodation and sports facilities.
Telegraph
27-06-2025
- Politics
- Telegraph
Palestine Action: We're spreading ‘intifada' in prisons
Jailed Palestine Action activists are radicalising other prisoners in pursuit of their cause, the movement has boasted. The group – which will be proscribed as a terrorist organisation within days – said the 'resistance lives on the streets, in cities, in towns and in prisons' in a meeting accessed by The Telegraph. On a call with potential recruits, the host of the meeting said members of the organisation are 'spreading intifada', an Arabic word for uprising. This week, The Telegraph revealed that Palestine Action was plotting to target RAF bases across the country in a wave of attacks. At a direct action 'workshop' for people wanting to join the organisation, at which the RAF plans were discussed, a member of the group quoted the words of an anonymous former prisoner. The former prisoner said: 'In locking me up, the British state made a miscalculation. They thought that by imprisoning me, they would halt the British resistance to Israel's genocide. But while you can imprison a revolutionary, you cannot imprison a revolution. 'The resistance lives on the streets, in our cities and our towns, and in our prisons too. I brought the intifada with me to the prison and I remain steadfast and determined now I am free – just as Palestine, too, will be.' In total, the group says it currently has around 19 members imprisoned in the UK. The majority of those are the 'Filton 18' who are currently remanded in custody awaiting trial in April next year. Members of the group allegedly drove a modified prison van into the Israeli arms company Elbit's research, development, and manufacturing hub in Filton, Bristol. Two responding police officers and a security guard were allegedly injured in the incident. Further arrests were made at a protest in Trafalgar Square this week during a demonstration against Home Secretary Yvette Cooper's plans to proscribe the organisation. On Thursday, the Telegraph exposed a list of Palestine Action's next targets. Tactics discussed included breaking into factories and hitting 'everything you can find with a sledgehammer', as well as setting up autonomous cells able to target military bases without detection. A slide in the call identified three RAF bases most suitable for attack – RAF Cranwell and RAF Barkston Heath, both in Lincolnshire, and RAF Valley, in Anglesey, North Wales. It also recommended action against defence companies believed to be supplying arms to Israel, including a drone factory in Leicester. There have been growing fears of radicalisation in prisons more generally over the past decade, partly because of the presence of a large number of Islamist gangs. Hashem Abedi, one of the terrorists behind the 2017 Manchester Arena bombing, attacked three prison officers with makeshift weapons and hot cooking oil at HMP Frankland in County Durham in April. Two officers were left with life-threatening injuries. The incident came just days after reports that Frankland, the high-security prison where Abedi is serving life, has become 'overrun' with Islamist gangs threatening to attack or kill other prisoners if they did not join up. After a surge of law enforcement activity in the UK in the early 2000s following the 9/11 attacks in the US and the July 7 bombings in London, the number of Islamist extremists in custody for terror-related offences increased sharply. The increase in Islamist terrorist prisoners came at the same time as a rise in the overall number of Muslims in jails across England and Wales – 99 per cent of whom are being held for non-terror offences. The number has nearly trebled, from 5,500 in 2002 to almost 16,000 in 2024, and now represents 18 per cent of the prison population, compared with 8 per cent two decades ago. In 2022, a report by Jonathan Hall KC, the reviewer of anti-terrorism legislation, found that faith-based self-segregation by prisoners had provided a 'fertile base for violent Islamist activity'. It said attacks on non-Muslim inmates, staff and the public were 'encouraged'. The report said charismatic or violent prisoners acted as 'self-styled emirs' to radicalise the wider Muslim prison population, exerting control through a network of 'enforcers' over access to prayer meetings, the prison kitchens and showers.
Yahoo
23-06-2025
- Business
- Yahoo
5 Must-Read Analyst Questions From Universal Health Services's Q1 Earnings Call
Universal Health Services delivered first quarter results that missed Wall Street's revenue expectations but exceeded profit forecasts, with management attributing the mixed outcome to strong expense controls and stable demand across its hospital segments. CFO Steve Filton noted that acute care revenues benefited from effective operating cost management and positive contributions from new facilities like West Henderson Hospital. However, same-facility behavioral health patient days were flat, as winter weather and the leap year impacted volumes early in the quarter. Management acknowledged that cash flow was impacted by delayed Medicaid supplemental payments, but emphasized that these timing issues do not reflect underlying business health. Is now the time to buy UHS? Find out in our full research report (it's free). Revenue: $4.1 billion vs analyst estimates of $4.15 billion (6.7% year-on-year growth, 1.2% miss) Adjusted EBITDA: $603.2 million vs analyst estimates of $569 million (14.7% margin, 6% beat) Operating Margin: 11.1%, in line with the same quarter last year Same-Store Sales rose 2.4% year on year (4.5% in the same quarter last year) Market Capitalization: $11.06 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Justin Lake (Wolfe Research) asked about the cadence of behavioral health volume recovery after winter disruptions. CFO Steve Filton replied that March showed improvement and full-year targets remain achievable if trends continue. Sarah James (Cantor Fitzgerald) inquired about the timing and scale of Nevada's Medicaid payments. Filton clarified that the Q1 payment was for the first quarter only, and future receipts will depend on regulatory approvals. Andrew Mok (Barclays) questioned the impact of potential tariffs on supply chain costs. Filton explained that most purchases are insulated from tariffs and the company is monitoring vendor practices but has not seen material pressure yet. Matthew Gillmor (KeyBanc Capital Markets) sought detail on expense management, especially labor costs. Filton reported premium labor costs have stabilized, and expense controls should remain sustainable barring unforeseen external pressures. Pito Chickering (Deutsche Bank) asked about improvements in supply cost leverage and whether Q1 results were due to patient mix or better management. Filton attributed results to both a higher mix of medical cases and ongoing supply chain optimization. In upcoming quarters, the StockStory team will watch (1) the pace of behavioral health volume recovery as weather and seasonal factors dissipate, (2) the approval and cash flow timing of Medicaid supplemental payment programs in key states like Tennessee and D.C., and (3) the impact of ongoing cost control initiatives on margins. Developments in healthcare policy and reimbursement rates will also be important to monitor. Universal Health Services currently trades at $171.70, in line with $173.18 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
