Aston Martin: Chair Lawrence Stroll bullish after revving up stake October 10, 2023 Aston Martin executive chair Lawrence Stroll has said that demand for the marque’s new generation sports cars has been “incredible,” after ramping up his stake. “I have already invested very, very heavily. I own a Formula 1 team and am the largest shareholder and executive chairman of AML so I don’t think I could be [...]
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.