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London transport

  • Highest profit in over a decade for London St Pancras Highspeed

    August 4, 2025

    London St Pancras Highspeed, the company which runs the rail line between the capital and the Channel Tunnel, has reported its biggest profit for more than a decade. The business has achieved a pre-tax profit of £136.6m for the 12 months to 31 March, 2025, new accounts filed with Companies House show. The total is [...]

  • Auto Trader: Brits turn to older cars amid ‘economic uncertainty’

    July 29, 2025

    Brits are turning their backs on new cars choosing to buy more older models amid “ongoing economic uncertainty”, according to FTSE 100 giant Auto Trader. The Manchester-headquartered company said a “standout trend” of 2025 so far is the “growing appetite for affordable used cars”, particularly those aged between five and 10 years old. Auto Trader has [...]

  • LNER revenue passes £1bn as cancellations cut

    July 28, 2025

    LNER, which operates most services on the East Coast Main Line, saw its revenue pass the £1bn mark as it cut the number of trains it cancelled during its latest financial year. The business, which is owned by the Department for Transport, has seen its revenue increase from £866.5m in the year to 31 March, [...]

  • Thameslink boss steps down after less than two years

    July 21, 2025

    The chief executive of Go-Ahead, the group which operates London’s Thameslink, Gatwick Express and the Elizabeth Line through a joint venture, has stepped down after less than two years in the role. Miguel Parras has resigned from his role at the Newcastle-headquartered group to “pursue other opportunities” after 20 months. The group has not announced [...]

  • BA Cityflyer: Profit almost doubles at London City Airport carrier

    July 11, 2025

    Profit almost doubled at BA Cityflyer, the main airline operating from London City Airport, in 2024 despite falling passenger numbers. The business, which is wholly owned by British Airways, has posted a pre-tax profit of £20.3m for its latest financial year, according to new accounts filed with Companies House. The latest total comes after the [...]

  • Eurostar ramps up plans to double capacity at London St Pancras

    July 3, 2025

    Eurostar has outlined proposals to double capacity at London St Pancras as it looks to tap growing demand for international rail travel. The cross-channel operator has penned a preliminary deal with London St Pancras Highspeed, formerly HS1, aimed at future proofing the popular hub against overcrowding. A three-part plan includes improving the international area of [...]

  • Eurostar to launch direct services from London to Frankfurt and Geneva

    June 10, 2025

    Eurostar has announced plans to launch direct services from London to Germany and Switzerland for the first time. The cross-channel operator is looking to purchase 50 new trains at a cost of £1.7bn to service the routes, which are expected to run from the “early 2030s”. Journey times are expected to last around five hours [...]

  • Uber Boats by Thames Clippers nets £59m from Natwest and Santander

    May 19, 2025

    Uber Boats by Thames Clippers has secured £59m in funding from Natwest and Santander after experiencing a surge in passenger numbers since the Covid-19 pandemic. The London river transport provider said the joint funding package would support plans for new vessels, pier upgrades and improvements to dry docking facilities. “It’s vital that we have funding [...]

  • Why boss of FTSE 100 giant Auto Trader might ditch his Tesla

    March 25, 2025

    The boss of FTSE 100 Auto Trader may ditch his Tesla in the future as rivals to Elon Musk's giant become more competitive on price.

  • Trainline on track for European expansion as state-backed rival nears

    January 28, 2025

    The boss of Trainline has outlined his European expansion plans as the online ticket giant faces government-backed competition at home.

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