HS2: Delayed AGAIN or scrapped for good? Govt refuses to say if expensive project will ever terminate at London Euston January 27, 2023 The Government has refused to confirm that HS2 will reach its central London terminus at Euston following reports that it may be delayed or scrapped. The Sun said soaring inflation means that the high speed rail project may not run to Euston until 2038 – or be scrapped completely, with trains instead stopping at a [...]
Khan to ‘digest’ findings of LandSec report warning London could be ‘unliveable’ in 10 years due to climate inaction January 26, 2023 British property investment trust Land Securities (LandSec) has warned cities could become “unliveable” in within 10 years without urgent planning reform to meet net zero goals. Research published this morning urges reform to prevent the UK’s cities suffering from the impact of climate change and external shocks, such as international conflicts like the war in [...]
London bus strikes suspended today: But which routes will be affected next week? January 26, 2023 London bus strikes have been suspended at the last minute, restoring public transport to around 70 routes around south and west London. The strikes affecting Abellio services in the city were planned to last from the 25 January to 26 January, with full service returning by 6am on the 27 January. It would have been [...]
‘Intelligence received’ suggesting airports breaking competition law – regulator January 26, 2023 UK airports could be breaking competition law, according to information received by a regulator. The Competition and Markets Authority (CMA) has written to airport operators warning of “serious consequences” for illegal information sharing. The letter, produced jointly with the Civil Aviation Authority (CAA), stated: “The CMA has recently received intelligence to suggest that some UK [...]
Man charged with assaulting Matt Hancock January 26, 2023 A man has been charged with assaulting former health secretary Matt Hancock on the London Underground. Geza Tarjanyi, 61, from Leyland in Lancashire, will appear in court next month, accused of common assault and two public order offences, British Transport Police (BTP) said on Thursday. A spokesman for the MP for West Suffolk described the [...]
Toyota boss to stand down after 14 years amid concern over sluggish shift to EVs January 26, 2023 Japanese car-maker Toyota (TMC) has announced a major shake-up of its leadership structure, with its current president stepping to to be the new chair. Akio Toyoda has been promoted to the top of the company’s board this morning in wake of Takeshi Uchiyamada’s resignation. Uchiyamada, the grandchild of the company’s founder, stepped down as the [...]
Jet2: Winter sun seekers boost package holiday firm’s profit expectations to £385m January 26, 2023 Package holiday firm Jet2 has raised its profit expectations for the year ending March 2023 amid soaring winter bookings. The company, which has estimated its profits at £385m for the 12-month period, reported that sale of seats this summer is 6.6 per cent higher than last year at 15.2m, while forward books are dominated by [...]
Strong euro helps Wizz Air clock up £31m profit as passenger levels soar to 12.4 million January 26, 2023 Wizz Air posted a positive net profit for the second consecutive month as passenger levels continued to rise. The London-listed airline reported today a €33.5m (£31.1m) net profit for the three months ended 31 December, up from last year’s loss of €267.5m. This was due to passenger levels soaring 59.1 per cent to 12.4 million [...]
Elon Musk: Twitter a ‘powerful tool’ to drive Tesla’s demand as car maker’s revenue soars to $24.3bn January 26, 2023 Twitter is “an incredibly powerful tool” to drive Tesla’s demand, according to chief executive Elon Musk. “I really encourage all kinds of automotive companies to use their Twitter accounts in ways that are interesting, informative and entertaining and it will help drive sales just as it has with Tesla,” Musk told investors on Wednesday night. [...]
UK car production at its lowest for 67 years, but EVs soar ahead with £10bn of exports alone January 26, 2023 UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, figures show. A total of 775,014 cars were built in 2022, down 9.8 per cent from the 859,575 made during the previous year, the Society of Motor Manufacturers and Traders (SMMT) said. December [...]