Easyjet set for profit bump – but resurgent oil prices could dent future earnings October 8, 2023 Easyjet is set to report a further rise in pretax profit this week when the airline delivers its full year trading update on Thursday.
Ex-pilot is new Civil Aviation Authority chief with ATC scandal top of in-tray October 6, 2023 The UK Civil Aviation Authority (CAA) watchdog has announced the appointment of Rob Bishton as its new chief executive.
HS2 will not reach Euston without private investment October 5, 2023 HS2 will not be extended to Euston unless enough private investment is secured.
Cancelling HS2 contracts to cost hundreds of millions of pounds October 5, 2023 Paying off contracts previously awarded for cancelled HS2 sections will cost hundreds of millions of pounds, Transport Secretary Mark Harper has indicated. He told BBC Breakfast that the cost of pulling out of the agreements will “broadly balance out” with money recovered from selling land and property acquired for the high-speed railway. HS2 Ltd figures [...]
London’s Millennium Bridge near St Paul’s to shut for three weeks for urgent repair work October 5, 2023 The Millennium Bridge across the River Thames is to shut for three weeks for urgent maintenance work. The footbridge, dubbed the “wobbly bridge” when it opened in 2001, is not dangerous but a separation layer under the bridge deck has started to degrade and it needs a deep clean, its City Bridge Foundation (CBF) owners [...]
HS2’s northern leg scrapped: What’s being planned instead – and has London been snubbed? October 5, 2023 It seemed unthinkable not long ago, but Rishi Sunak scrapped the Manchester leg of HS2 – and said it will be replaced by hundreds of new projects. The scrapping means everything past the London to Birmingham leg, which is already under construction, will be torched, with the PM citing ballooning costs for pulling the plug. [...]
Long time Rolls-Royce CEO Torsten Müller-Ötvös to retire October 5, 2023 Rolls-Royce Motor Cars has announced that chief executive Torsten Müller-Ötvös will retire, bringing to an end a 14-year stint at the helm.
New car market revs up in September but experts warn EV demand to slip on petrol ban U-turn October 5, 2023 New car registrations soared last month, as pent-up demand for new vehicles helped the auto sector motor towards its 14th consecutive month of growth.
Mark Harper: Transport secretary ‘proud’ of decision to axe Manchester leg of HS2 October 5, 2023 Transport Secretary Mark Harper said he was “proud” of the decision to cut HS2 north of Birmingham as he shrugged off criticism from Tory former premier David Cameron and ex-chancellor George Osborne. Prime Minister Rishi Sunak used his speech at the Conservative Party conference on Wednesday to confirm he has axed Phases 2a and 2b [...]
Sunak faces backlash from Johnson and Cameron over HS2 axing – as he’s reported to the police in Scotland October 5, 2023 Rishi Sunak has faced criticism from his predecessors in Number 10 for losing a “once-in-a-generation opportunity” by cancelling the northern leg of HS2. The Prime Minister defied senior Tories and business leaders to scrap HS2 from Birmingham to Manchester saying “the facts have changed” and the cost of the high-speed rail scheme had “more than [...]