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      House prices suffer biggest August slump in eight years 

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Transport & Infrastructure

  • Hitachi’s £1.5bn Thales tie-up gets green light from CMA after proposed sell off

    October 4, 2023

    The UK competition watchdog has given the green light for Hitachi’s £1.5bn takeover of Thales’ rail signalling interests, after the Japanese firm agreed to sell parts of its European mainline business. The Competition and Markets Authority (CMA) launched an investigation into the deal amid concerns that it would reduce competition in the supply of rail [...]

  • Rishi Sunak to defy backlash by axing HS2 route to Manchester

    October 4, 2023

    Rishi Sunak is expected to defy a backlash from Tory colleagues and northern leaders by abandoning the high-speed rail route to Manchester as he seeks to portray himself as a radical reformer. The Prime Minister is expected to use his Conservative conference speech in the northern city to axe the HS2 leg from Birmingham as [...]

  • Cost of rail strikes mounts to £716m as taxpayers forced to support struggling industry

    October 4, 2023

    Industrial action has cost the rail industry £716m since the feud between unions and operators began, new figures have revealed.

  • ‘Brand thieves’: Easyjet’s parent firm takes legal action against UK band Easy Life

    October 3, 2023

    Easyjet’s parent company Easygroup is suing a Leicestershire band over the use of ‘easy’ in its name. The artist called Easy Life has said the airline’s biggest shareholder is taking legal action against it, with the aviation giant insisting it has chased numerous similar cases in the past. Easy Life is a five-member band formed [...]

  • Heathrow Airport to trial security booking slots in bid to cut wait times

    October 3, 2023

    Heathrow Airport has launched a six month free trial allowing passengers to pre-book slots at security, in a bid to reduce wait times.

  • London Underground strikes this week cancelled after last-minute deal

    October 3, 2023

    Strike action set to cause chaos on the London Underground this week have been called off, the Rail Maritime and Transport Union (RMT) has announced. 3,000 workers had planned walk outs on Wednesday and Friday this week but the RMT said that both will no longer go ahead after “significant progress” was made during the [...]

  • DX Group: Under offer logistics firm’s profits jump as EV investment drive continues

    October 3, 2023

    Under offer logistics firm DX Group reported a jump in full-year profits as it continued to expand its network of depots across the UK and invest heavily in its electric vehicle (EV) fleet. The group, which offers services including logistics and parcel freight, saw pre-tax profits rise by a third to £26.8m, while revenues increased [...]

  • Ryanair and Wizz Air numbers rubbish fears of travel slowdown

    October 3, 2023

    Ryanair and Wizz Air reported strong passenger growth over September, despite fears in the industry of a slowdown in demand following this years' summer bonanza.

  • Trouble insuring electric vehicles threatens green shift, experts warn

    October 2, 2023

    Insurers are facing huge challenges in handling electric vehicles (EVs), experts have warned.

  • ‘His pledge is in tatters’: Khan slammed over tube strikes as London faces £62m hit

    October 2, 2023

    Greater London Authority’s Conservatives have slammed Sadiq Khan ahead of fresh disruption on London’s tube network this week, as the mayor’s commitment to halting industrial action during his tenure comes back to haunt him. “Sadiq Khan pledged that there would be zero strikes under his mayoralty but he has the worst strikes record of any [...]

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