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 [...]
London’s Millennium Bridge near St Paul’s to shut for three weeks for urgent repair work October 5, 2023 The Millennium Bridge across the River Thames is to shut for three weeks for urgent maintenance work. The footbridge, dubbed the “wobbly bridge” when it opened in 2001, is not dangerous but a separation layer under the bridge deck has started to degrade and it needs a deep clean, its City Bridge Foundation (CBF) owners [...]
HS2’s northern leg scrapped: What’s being planned instead – and has London been snubbed? October 5, 2023 It seemed unthinkable not long ago, but Rishi Sunak scrapped the Manchester leg of HS2 – and said it will be replaced by hundreds of new projects. The scrapping means everything past the London to Birmingham leg, which is already under construction, will be torched, with the PM citing ballooning costs for pulling the plug. [...]
Long time Rolls-Royce CEO Torsten Müller-Ötvös to retire October 5, 2023 Rolls-Royce Motor Cars has announced that chief executive Torsten Müller-Ötvös will retire, bringing to an end a 14-year stint at the helm.