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Transport & Infrastructure

  • Hundreds of bus routes face axe within weeks without emergency funding

    February 14, 2022

    Dozens of bus routes may have to be axed from the end of next month if emergency government funding support is not extended, councils and bus operators are warning. Experts are warning of a 30 per cent reduction in current bus services when current funding support ends. The Local Government Association, ADEPT, Urban Transport Group [...]

  • Hong Kong hit hardest by global collapse of travel as tough restrictions see 95 per cent drop in visitors

    February 13, 2022

    The global pandemic has hit Hong Kong’s travel sector harder than any other country in the world, as the country’s tough travel restrictions have seen a 95 per cent drop in the number of visitors. The value generated by Hong Kong’s travel sector dropped 75 per cent between 2019 and 2020, analysis from Compare the [...]

  • Uber CEO: We are absolutely going to accept cryptocurrency payments

    February 12, 2022

    Uber boss Dara Khosrowshahi has revealed the global brand is actively looking at cryptocurrency transactions.

  • Tesla recalls 580,000 vehicles over boombox feature

    February 11, 2022

    Tesla was forced to recall some 580,000 vehicles after the US National Highway Traffic Safety Administration (NHTSA) flagged an error in the boombox feature. According to the agency, the boombox feature could drown out a safety feature that signals the the presence of an electric car to pedestrians. “While Boombox can enhance the conspicuity of [...]

  • Exclusive: The City’s hydrogen authority on Jeff Bezos’ first nuclear fusion plant in Britain

    February 11, 2022

    Tower 42-based Gavin Watson, generally considered the City’s go-to lawyer for hydrogen projects, recently advised on the launch of a Jeff Bezos-backed, UK-first nuclear fusion plant, which uses hydrogen as an input. Given the growing investor interest in this gas and Boris Johnson’s claim that he intends for Britain to become the ‘Qatar of hydrogen’, time [...]

  • Mercedes exceeds expectations following EV sale surge

    February 11, 2022

    Mercedes has exceeded expectations, posting a €14bn EBITDA for the full 2021, according to preliminary results released today. The automotive manufacturer is expecting an adjusted return on sales of approximately 12.7 per cent, beating its own guidance of between 10 and 12 per cent as a result of a surge in electric vehicles (EV). “Our [...]

  • Gatwick reopens South Terminal as travel restrictions end

    February 11, 2022

    Gatwick airport has announced it will reopen the South Terminal, following today’s end of all UK travel restrictions. Closed in June 2020 to save costs during the pandemic, the South Terminal will reopen on 27 March to help the airport meet post-Covid Easter and summer travel demand. “Following some major announcements from our airlines about significantly [...]

  • Omicron’s train hits Heathrow’s January demand

    February 11, 2022

    The impact of Omicron continues to be felt at Heathrow, as the airport’s January demand was weaker then expected. Passenger demand, the airport reported today, were 56 per cent down on pre-pandemic levels, as more than 1.3 million travellers cancelled or didn’t book their trips because of the travel restrictions set in December. “We haven’t [...]

  • All bad things come to an end: Post arrival tests scrapped from today

    February 11, 2022

    The UK seems to have put Covid behind as from this morning at 4am post arrival Covid tests will be scrapped for fully jabbed travellers. Passengers coming to the UK will still need to fill out a simplified passenger locator form (PLF), confirming their vaccination status as well as travel history and contact details. “The [...]

  • No more staycations: End of UK travel rules boosts half-term holiday abroad

    February 11, 2022

    The scrapping of post-arrival tests for fully vaccinated has given a huge boost to Brits’ confidence to travel abroad. According to data released today by travel association ABTA, around 833,000 people will go on holiday abroad this half-term, choosing Turkey, Portugal as well as sky resorts in France and Italy as their preferred destinations. Following [...]

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