Bolt: Uber rival’s profit almost wiped out as legal battles drag on September 18, 2025 Profit at the UK arm of Uber rival Bolt was almost wiped out during its latest financial year as it diverted considerable resources to its on-going legal battles. The online taxi firm has reported a pre-tax profit of £133,355 for 2024, down from the £8.2m it achieved in 2023. The business had previously made a [...]
The only way to make HS2 cheaper? Build HS3 September 18, 2025 It’s a basic fact of economics that the more efficiently you make something, the easier it is to bring down the price. Among the best-known examples is the Ford Model T, one of the top-selling cars in the 20th century with more than 15 million produced. The manufacturing process became so efficient, and each car’s [...]
Patrick McLoughlin to leave northern transport role September 12, 2025 Former Cabinet minister Patrick McLoughlin is to step back from his role at a key transport group for the North of England. McLoughlin is stepping down as chair of Transport for the North (TfN)’s board, with his last meeting to be held in Darlington next Monday. He was transport secretary under David Cameron and served [...]
Toyota’s UK profit almost wiped out amid ZEV mandate battle September 12, 2025 Toyota’s UK profit has almost been wiped out as the carmaker battled a decline in market share and compliance with the ZEV [Zero Emission Vehicle] mandate. The Surrey-headquartered division has posted a pre-tax profit of £462,000 for the 12 months to 31 March, 2025, down from the £11.5m it achieved in the prior year. New [...]
LNER passenger data accessed in cyber attack September 10, 2025 Train operator LNER has revealed passenger contact details and some information about past journeys have been accessed in a cyber attack. The government-owned firm, which operates services on the East Coast main line between London and Scotland, said the breach involved files managed by a third-party supplier. In a statement, LNER said that “no bank, [...]
Tube strikes: RMT threatens Elizabeth Line disruption next September 9, 2025 As Tube strikes stretch into a third day of disruption, the RMT trade union has now threatened to hit the Elizabeth Line with industrial action. From Sunday evening, tube drivers went on strike over the working hours of union members, who enjoy a salary of around £65,000, as RMT’s new boss Eddie Dempsey is demanding [...]
Reform promise to scrap ‘insane’ Northern Powerhouse Rail September 8, 2025 Reform UK has pledged to scrap Northern Powerhouse Rail (NPR), labelling the project “insane” ahead of a major announcement by the Labour government in the coming weeks. Richard Tice, in a forward to a report by centre-right think tank Policy Exchange, told companies considering bidding for contracts to build NPR that they should “not bother” [...]
Kia EV9 review: electric SUV is a Range Rover rival September 8, 2025 Kia has traditionally been the automotive equivalent of Aldi: a brand that majors on no-nonsense value for money. The new EV9, however, is the size of a Range Rover and costs from £65,985. It pushes Kia into conflict with upmarket SUVs from Solihull and Stuttgart – not to mention Hyundai-Kia’s own premium marque, Genesis. Can [...]
Tube strikes: RMT given 24 hours to avoid travel carnage September 5, 2025 Transport for London has warned the RMT union that it has just 24 hours to stop a major tube strike next week, which is set to shut down every Underground line and the DLR. The union has rejected a pay deal and made a series of demands around working hours and perks, making a settlement [...]
Uber’s UK arm warns on profit amid rising costs September 5, 2025 Uber has warned it may not remain profitable in the UK because of rising costs despite its revenue surging by more than £1bn during its latest financial year. The US giant has said it will need to generate and sustain increased revenue levels while lowering proportionate expenses in the coming years “to achieve profitability in [...]