UK risks losing ‘competitive advantage’ in race to develop self-driving cars September 15, 2023 The UK risks losing its “competitive advantage” in the development of self-driving vehicles if the government fails to pass legislation urgently, MPs and industry groups have warned. A report from the Transport Committee argues that self-driving has been a “Great British success story” but that if appropriate legislation is not included in the upcoming King’s [...]
Nearly every London train service now less punctual than last year September 14, 2023 Nearly every train service in London is now less punctual than last year, according to industry watchdog the ORR.
Another HS2 mess: Downing Street refuses to guarantee it will run to Manchester September 14, 2023 Downing Street has refused to guarantee the HS2 railway line will run to Manchester as planned.
Govia Thameslink appoints female CEO to run UK’s biggest railway franchise September 14, 2023 Govia Thameslink (GTR) has announced the appointment of a female chief executive, marking only the second mainline railway franchise in the country to be led by a woman. Angie Doll, the rail firm’s chief operating officer, will take the helm at the end of November, replacing current boss Patrick Verwer. Claire Mann of South Western [...]
Trainline shares soar as £2.6bn ticket sales help shrug off rail strike chaos September 14, 2023 Trainline’s shares soared more than 12 per cent this morning after the firm unveiled a £50m share buyback scheme on the back of booming ticket sales. Group net ticket sales at the online retailer grew by nearly a quarter to £2.6bn in the six months to August, taking revenues to £197m, a 20 per cent [...]
Banks call for incentives to stabilise used electric vehicle market September 13, 2023 The expensive cost of buying an EV has been one the most significant barriers in holding back wider adoption, ahead of a looming 2030 ban on the sale of new petrol and diesel vehicles.
Heathrow Airport braced for October half-term chaos as baggage workers to strike September 13, 2023 Heathrow Airport is to face strike chaos this autumn, as 170 baggage staff walk-out in October in an ongoing dispute over pay. Members of the Unite Union, who conduct high-end maintenance and servicing of baggage carousels, will strike over 13 separate days in October. The strikes will be between 17:30 on the 6th and 6am [...]
On the Beach hits record bookings as CEO hails ‘most successful summer’ ever September 13, 2023 On the Beach has revealed a record year of bookings as it emerges from one of the busiest summer seasons of travel on record. In a trading update this morning, the package holiday retailer reported a 26 per cent rise in total transaction value (TTV), which represents gains in holiday bookings pre-cancellation, to deliver a [...]
Aircraft leasers and asset managers leap on jet shortages September 12, 2023 Aircraft leasing groups and aviation asset management firms are pouncing on supply chain bottlenecks and surging travel demand, but potentially risking airlines’ cost base as rates to secure jets rise. A combination of booming travel demand and a limited supply of jets at manufacturers Airbus and Boeing have led to airlines to increasingly rely on [...]
Uber’s driver numbers doubled since landmark court ruling — but will passengers be safe from fare hikes? September 12, 2023 More than 100,000 UK drivers are now earning on the app each week, an increase of 85 per cent since the change, Uber said.