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Transport & Infrastructure

  • Rail workers ‘at war’ with government, union boss says

    October 9, 2023

    Rail workers are “at war” with the government, a union boss has said, as Labour faced calls to commit to building HS2 in full. Mick Whelan, general secretary of the train drivers’ union Aslef, said his members have been on strike for 16 months in a “Westminster-driven” dispute. He accused the government of wanting to send [...]

  • AA profits tumble to £23m despite soaring cost of motor cover

    October 9, 2023

    The AA saw profits halve this morning amid a drop in trading in its breakdown segment, but soaring motor insurance prices helped it weather the storm.

  • Airline shares plunge on fears for oil prices and travel over Israel conflict

    October 9, 2023

    Airline stocks tumbled this morning after investors fretted over rising crude oil prices and whether the conflict in Israel would dent demand.

  • Petrol forecourt owners bag £60m bonus as pump prices jack up profits

    October 9, 2023

    Senior executives at Motor Fuel Group, the UK's largest independent forecourt operator, have raked in a bumper pay packet this year on the back of record profits.

  • HS2: Plans for Euston section ‘wishful thinking’, says Khan

    October 8, 2023

    London Mayor Sadiq Khan has written to the Prime Minister to "express serious concerns" over plans for the Euston section of the project.

  • Autonation mulls upping rival offer for Pendragon unit as bidding war intensifies

    October 8, 2023

    One of the largest car dealerships in the US is reportedly considering increasing its bid for Pendragon's forecourts and leasing business.

  • Easyjet set for profit bump – but resurgent oil prices could dent future earnings

    October 8, 2023

    Easyjet is set to report a further rise in pretax profit this week when the airline delivers its full year trading update on Thursday.

  • Ex-pilot is new Civil Aviation Authority chief with ATC scandal top of in-tray

    October 6, 2023

    The UK Civil Aviation Authority (CAA) watchdog has announced the appointment of Rob Bishton as its new chief executive.

  • HS2 will not reach Euston without private investment

    October 5, 2023

    HS2 will not be extended to Euston unless enough private investment is secured.

  • Cancelling HS2 contracts to cost hundreds of millions of pounds

    October 5, 2023

    Paying off contracts previously awarded for cancelled HS2 sections will cost hundreds of millions of pounds, Transport Secretary Mark Harper has indicated. He told BBC Breakfast that the cost of pulling out of the agreements will “broadly balance out” with money recovered from selling land and property acquired for the high-speed railway. HS2 Ltd figures [...]

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