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      Threats to financial system ‘on steroids’ after AI boom, FCA chief warns

      Nikhil Rathi, chief executive of the FCA.

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Transport & Infrastructure

  • Lift off: Rishi Sunak to rebuff ban on airport expansion

    September 3, 2023

    Many hubs are in the planning or implementation stages of plans to expand capacity and boost resilience in the wake of pandemic-era lows.

  • ULEZ: More than 200 reports camera-related crime logged in month to expansion

    September 2, 2023

    There were 222 reports of crimes relating to Ulez cameras logged in the month leading to its expansion across London, according to figures released by the Metropolitan Police. Previous figures released in August showed there had been 288 reports since the force began collecting the data in early April, taking the current total released on [...]

  • Which rail workers are striking this weekend and how will it affect you?

    September 1, 2023

    Workers across more than a dozen train companies are set to walk out this weekend, with major London hubs likes Euston and Waterloo set to be left empty. Swathes of the UK will have no train services running on Friday, amid the latest round of major coordinated transport strikes. Members of train drivers’ union Aslef [...]

  • Easyjet boss calls for independent review into air traffic control failure

    August 31, 2023

    The boss of Easyjet has demanded that a “full independent review” is launched into the air traffic control failure.

  • Elon Musk’s Tesla under investigation over ‘rosy’ vehicle distance claims

    August 31, 2023

    Federal prosecutors are looking into Tesla performance claims after suggestions the electric carmaker exaggerated the potential driving distance of its vehicles, the Wall Street Journal reported on Wednesday. Reuters reported in July that Tesla cars often fail to achieve their advertised range estimates and projections reported by the cars’ own equipment, citing experts who tested or studied [...]

  • Car production surges by a third on EV demand as sixth month of growth signals recovery

    August 31, 2023

    Car production in the UK surged in July, rising by nearly a third to mark its sixth consecutive month of growth and driven by a flood of electric vehicles (EV) entering the market. The latest figures from the Society of Motor Manufacturers and Traders (SMMT) showed 76,451 vehicles rolled off factory lines in the UK, [...]

  • Business leaders call on ministers to cut tax on clean fuels to replace diesel

    August 31, 2023

    Business leaders and environmental campaigners have called on the government to cut duties on clean replacements for diesel. In a letter to transport minister Jesse Norman, a group of more than 30 signatories warned of the “urgent imperative” to reduce harmful pollutants in the atmosphere. Industry leaders argued that the government should support cleaner fuels [...]

  • Ebike rental firm looks to capitalise on ULEZ with discount deal

    August 31, 2023

    Drivers of polluting cars may have a new, two-wheeled option to get around the new £12.50 ULEZ charge after one of the city’s growing army of rental bike firms began offering a discount rate on its ebikes. Swapfiets – Dutch for swap bikes – has dropped the cost of monthly rental of its high-end ebikes [...]

  • Toyota reports July production record after assembly plant shutdown

    August 30, 2023

    Toyota Motor Corp reported a record month of production in July amid an easing of pandemic induced supply chain snarl-ups.

  • Former British Airways boss criticises ‘staggering’ air traffic control failure

    August 30, 2023

    The former boss of British Airways has criticized the UK's air traffic operator over the network failure that has led to thousands of flights being cancelled.

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