Bus operators handed £226m in emergency Covid funding July 6, 2021 Bus operators will be granted £226.5m in government support to ensure vital services can continue to run after Covid restrictions are listed. Ministers today confirmed the new funding package will run from September until April and will be available to operators across England, outside London. The recovery funding will follow the current £1bn emergency support [...]
Lofty Crossrail to Heathrow fares to be capped at standard Tube rates July 6, 2021 Airport passengers using London’s Crossrail will have higher fares which could be capped at the standard rates for the Tube, according to reports. Passengers travelling to Heathrow will be charged a premium rate compared with the same journey on the tube. However, if passengers make other journeys using the Transport for London (TfL) network within [...]
Leaking cash: Thames Water notched up £50m in penalties last year and swung to loss July 6, 2021 Leaking cash: Thames Water notched up £50m in penalties last year
Vauxhall owner commits £100m to future of Ellesmere Port July 6, 2021 Vauxhall owner Stellantis will invest £100m in the car firm’s plant at Ellesmere in Cheshire, it confirmed this morning, ending months of uncertainty about the future of the factory’s 1,000 jobs. The site will be transformed into a facility for building electric vehicles in another significant coup for the UK car industry. Prime Minister Boris [...]
British Airways settles with victims of 2018 data breach July 6, 2021 British Airways has reached a settlement with thousands of claimants over a massive breach of customer data back in 2018, it was announced this morning. On 7 September 2018 the flag carrier revealed that the names, debit and credit card numbers, addresses and email addresses of over 420,000 people had been accessed in a security [...]
Travel Perk snaps up business travel firm Click Travel July 6, 2021 Business travel firm Travel Perk has this morning snapped up Click Travel, which handles £300m worth of travel for around 2,000 clients. It is the third and largest acquisition that Travel Perk has made since the Baupost Group-backed firm was founded in 2015. It said that the deal would establish the firm as the leading [...]
Vauxhall set to announce plan to build electric vans at Ellesmere Port July 6, 2021 Vauxhall could announce plans to build electric vans at its plant at Ellesmere Port in Cheshire as early as today. It is understood that the new investment into the plant could be worth hundreds of millions of plans, and would protect about 1,000 jobs. If so, the investment would complete an excellent few days for [...]
Amber means Go! Travel industry awaits details on rule change for double-vaxxed Brits July 5, 2021 Travel industry in holding pattern awaiting details on rule change for double-vaxxed Brits
TfL opposes making masks optional as Boris Johnson looks to forget them July 5, 2021 Londoners may have to wear masks on the tube after 19 July, when Boris Johnson is expected to have abandoned the pandemic-imposed rule. However, different rules for Transport for London (TfL) tubes and national rail trains may confuse travellers, if masks become a thing of the past by the end of July. A spokesperson for [...]
TfL finances battered by £100m drop in advertising revenue July 5, 2021 Transport for London (TfL) has suffered a record £100m plunge in advertising revenue across its network after Covid restrictions prevented people using its services. The fall in ad revenues is the latest pandemic hit for TfL, which derives the vast majority of its revenue from fares, and has been bailed out to the tune of [...]