Former BA boss slams Heathrow’s ‘outrageous’ £100 price hikes October 17, 2021 Former British Airways boss Willie Walsh has criticised Heathrow’s plans to hike landing fees by 90 percent. The move could cost families travelling through Heathrow nearly £100 more for their flights. Walsh called the proposals ‘outrageous’. He said, “Heathrow must understand that gouging its customers is not the road to recovery, for itself, the airlines, [...]
Post-Brexit boost: Ford picks UK factory over Germany for £200m electric car investment October 17, 2021 Ford will boost Britain’s automative industry by making electric car components at its factory in Halewood. The car company selected the Merseyside site over one of its plants in Germany for a £200m investment into its e-Drive transmission systems. The systems control power from batteries used to run a vehicle’s wheels. The deal secures the [...]
Paper rail tickets to be ripped up across South East England October 17, 2021 Ministers are set to scrap paper rail tickets across South East England in favour of contactless payments. The contactless payments will be integrated into London’s Oyster card system. Transport officials reportedly want to expand pay-as-you-go smartcards in a pre-emptive strike against trade unions. The unions are opposing the potential closure of ticket offices across the [...]
Goodbye Alitalia: Italy’s new carrier to join airline alliance – CityAM : CityAM October 16, 2021 Alitalia’s successor ITA Airways will join the Skyteam alliance from next year, reported Reuters. ITA Airways’ chairman said yesterday that the new-born company aims to renegotiate the place within the Skyteam alliance that once belonged to Alitalia, partnering up with other airlines such as Lufthansa. “ITA has been created to be a strategic element in [...]
Obama to attend COP26 and meet activists – CityAM : CityAM October 16, 2021 Former US President Barack Obama has announced his attendance at the COP26 summit, which will take place between 31 October and 12 November in Glasgow. “Barack Obama will meet with activists and put the threat of climate change in [a] broader context – laying out the important progress made since the Paris Agreement took effect, [...]
Shapps echoes Sunak saying Christmas gifts will be available – CityAM : CityAM October 16, 2021 Transport secretary Grant Shapps has echoed Chancellor Rishi Sunak and said that Christmas gifts will be available despite the backlogs witnessed at UK ports. “People will be able to get things for Christmas,” he told Sky News. “When I talk to the ports they said it is a busy picture, but if you compared us [...]
PM pays tribute to Sir David Amess MP killed in fatal stabbing October 15, 2021 Prime Minister Boris Johnson has paid tribute to Sir David Amess MP, who was killed today in a fatal stabbing. In a statement, he said “all our hearts are filled with shock and sadness” at the news. The Prime Minister praised Amess’ public service record. He highlighted his efforts to end animal cruelty, reduce fuel [...]
PM pays tribute to Sir David Amess MP killed in fatal stabbing – CityAM : CityAM October 15, 2021 Prime Minister Boris Johnson has paid tribute to Sir David Amess MP, who was killed today in a fatal stabbing. In a statement, he said “all our hearts are filled with shock and sadness” at the news. The Prime Minister praised Amess’ public service record. He highlighted his efforts to end animal cruelty, reduce fuel [...]
Shatner hits back at Prince William’s space travel criticism October 15, 2021 William Shatner has shot down Prince William’s criticism of space travel. He believes the royal is missing the point”. The former Star Trek actor told Entertainment Tonight that Prince William was a “lovely, gentle, educated man” but that he has the “wrong idea” about going to space. Shatner argues that space travel is the first [...]
How challenger banks are revolutionising the sector October 15, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Three expert CAs tell Karam Filfilan how a new wave of challenger banks are helping to revolutionise the sector, both for consumers and businesses. Read October’s CA magazine now Digital transformation has revolutionised the banking sector over the past decade. Gone are the days of neighbourhood bank branches [...]