Tesla misses delivery targets as factory shutdowns hit production October 2, 2023 Tesla missed market estimates for third-quarter deliveries on Monday as planned upgrades at its factories forced production halts, sending its shares down 2.4 per cent in early trading. The electric vehicle maker handed over 435,059 vehicles in the three months to 30 September, down nearly seven per cent from the preceding quarter, but said its target [...]
Final nail in the coffin for HS2 as Manchester leg reportedly shelved by Rishi Sunak October 2, 2023 The Manchester segment of HS2 will be shelved, according to reports.
Arnold Clark: UK car dealership pays founders’ family £67m dividend October 2, 2023 Arnold Clark, one of the UK’s largest car dealerships, has given the surviving family of its billionaire founder £67m worth of dividends, according to the latest Companies House filings. The sum brings the total money the family has taken out of the business to £118m over the last two years and comes after a record [...]
Jeremy Hunt admits he flew to Manchester Tory conference from London October 2, 2023 Jeremy Hunt has admitted he flew to Manchester from London for the Conservative Party conference rather than taking the train. The Chancellor blamed a train cancellation due to industrial action for choosing the carbon-intensive mode of transport. It comes as train drivers are striking on the start and end dates of the Tory gathering in [...]
Rail strikes on start and end date of Tory conference not political – Aslef September 30, 2023 Train drivers are striking on the start and end dates of the Conservative Party conference for industrial, not political, reasons, Aslef general secretary Mick Whelan has said.
Sunak ‘removing the alternatives’ to driving, say six major walker and cyclist groups September 29, 2023 Rishi Sunak has been accused by walking and cycling groups of “removing the alternatives” to driving amid speculation he is preparing to curb 20mph speed limits. Six leading active travel organisations claimed the Prime Minister will “make the roads worse” if he goes ahead with the move. Several newspapers reported that a Plan for Motorists [...]
Rishi Sunak poised to limit new 20mph zones after Uxbridge ULEZ by-election September 29, 2023 Rishi Sunak is preparing to curb English councils from introducing new 20mph speed limits, according to reports. The Prime Minister will unveil the measure as part of a Plan for Motorists at the Tory conference in Manchester, according to several newspapers. He is reportedly planning to limit the power of local authorities to impose new [...]
Weekend travel chaos with overtime ban by train drivers today before Saturday’s strike September 29, 2023 Train drivers will ban overtime on Friday ahead of two days of strikes which will cause fresh travel chaos for passengers. Members of Aslef at 16 train operators in England are embroiled in a long-running dispute over pay, with no sign of a breakthrough. The drivers will strike on Saturday and again next Wednesday, coinciding [...]
Severn Trent shares rise after firm announces plans to invest nearly £13bn in bid to cut leaks and storm overflows September 29, 2023 Severn Trent is planning to invest £12.9bn between 2025 and 2030 as the water company seeks to set an example to a tarnished industry.
Ryanair boss O’Leary cuts flight due to Boeing plane delivery delays September 28, 2023 Ryanair announced it has cut its winter flight schedule due to delays in the delivery of new Boeing 737 planes. It will reduce the number of aircraft it planned to base at several airports across Europe, including East Midlands Airport and Dublin Airport. The airline said it was due to receive 27 new Boeing aircraft [...]