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Transport and infrastructure

  • Babcock: Share price for British defence giant up as it pens £750m submarine deal

    November 10, 2023

    British defence firm Babcock has signed a four-year deal worth £750 with the Ministry of Defence to build and maintain UK submarines.

  • Clapham chaos: London commuters over-charged hundreds due to faulty card readers

    November 10, 2023

    It is understood the issues began last Thursday when torrential rain caused flooding, and the issue has now been resolved.

  • London City Airport chief flies to HS1 after Sunak axed Manchester leg of HS2

    November 10, 2023

    High Speed One (HS1), the UK's only high-speed and international rail line, has announced Robert Sinclair, as its incoming chief executive.

  • Evri invests £46m in customer service improvements ahead of Christmas

    November 10, 2023

    Delivery giant Evri has said it is investing £46m to boost its customer service and operations ahead of the busy Christmas period.

  • Wizz Air chief: Israel conflict causing ‘ripple effect’ on demand

    November 9, 2023

    The conflict between Israel and Palestine is causing a "ripple effect" on demand across neighbouring countries, Wizz Air's chief has said.

  • ‘Old habits die hard’: Drivers still feeling the pain from jacked up supermarket fuel margins — watchdog

    November 9, 2023

    Drivers are facing higher prices at the pumps due to increasing fuel margins at a number of supermarkets and retailers.

  • Auto Trader shares drive to top FTSE 100 after bullish results

    November 9, 2023

    Auto Trader shares soared nearly eight per cent this morning to top the FTSE-100 index amid record demand for firms' services.

  • Hapag-Lloyd: Container shipping giant’s profits plunge amid ‘severe’ shift in market

    November 9, 2023

    Hapag-Lloyd profits nosedived this morning amid declining freight rates and a "severe" change in market conditions.

  • Wizz Air trims profit forecast as Pratt & Whitney engine issues bite

    November 9, 2023

    Wizz Air has narrowed its annual income guidance for 2024 despite swinging to profit, as engine issues at a key supplier continue to bite.

  • Airbus earnings soar – but fail to rise above analyst expectations

    November 9, 2023

    Airbus reported higher underlying third-quarter profit on Wednesday and raised its production targets going forward.

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