City groups call for action to prevent government rail fare hike September 12, 2023 Ticket prices could shoot up eight per cent if the DfT uses the same metric as it did this year to calculate the increase.
Lime watching IPO market ‘very, very closely’ as operator reports record results September 12, 2023 The CEO of e-scooter giant Lime has said the company is watching the IPO market “very, very closely” ahead of a potential listing next year or the year after. Speaking to City A.M. Lime boss Wayne Ting said “what we want to see is tech IPOs happening and going successfully, and there’s great investor interest [...]
Rail strikes: Transport secretary and unions haven’t met this entire year September 12, 2023 Rail strikes continue to frustrate commuters but ministers are still refusing to step in to the middle of the dispute
BMW: Mini production to stay in UK despite Brexit difficulties September 11, 2023 BMW will announce plans to build its next-generation electric Mini in Oxford after securing a Government funding package.
Stansted Airport reports second busiest month on record despite air traffic chaos September 11, 2023 London Stansted airport has reported its second busiest month on record, soaring ahead of pre-pandemic passenger levels as it outpaces other hubs.
‘If Elon Musk was born a Brit he wouldn’t have raised a penny’: Why Tevva Motors is shunning the UK for the US September 11, 2023 The executive chair of electric truck supplier Tevva Motors has bemoaned London markets as “risk averse" as the firm heads across the pond.
Trainline results: Can bumper European bookings help weather UK strikes? September 11, 2023 Trainline investors will be looking ahead with anticipation to Thursday’s trading update, to see whether the ticketing business can continue this year's stellar performance.
Oil giants face major hit from UN climate rules shaking up the shipping sector September 11, 2023 Oil giants are set to face a major hit from new climate regulations on ship owners, which will eventually stop them from using high-polluting shipping fuels, analysts have warned. Under agreements made in July, the International Maritime Organisation (IMO) – the UN agency which sets legally binding regulations on international shipping – ruled that nearly [...]
UK reported to UN workers’ rights watchdog over minimum service level strike law September 10, 2023 The TUC is reporting the government to the United Nations workers’ rights watchdog over the controversial new law on strikes, it has been announced.
Heathrow: competition regulator says airport charges should be reconsidered after errors made September 9, 2023 The competition regulator has provisionally found that some errors were made in a decision on how much Heathrow Airport can charge airlines. The Competition and Markets Authority (CMA) said it proposes to require aviation regulator the Civil Aviation Authority (CAA) to reconsider certain aspects of its conclusion. In February, the CAA said the cap on [...]