More London underground workers to strike in July July 13, 2023 More London underground workers will strike this month in an escalation of the ongoing dispute over pay and pensions. The Unite Union said today that members in engineering, maintenance and management positions on the service will walk out on 26 July and 28 July. It is calling for no job losses on the underground following [...]
Global Airlines to focus on business travel as it muscles in on UK-US route July 13, 2023 A new airline has said it will focus on business travel, offering more perks and products, as it looks to muscle in on the transatlantic travel market. “As far as I see it I don’t think that anyone’s really offering the complete package to a corporate traveller, who would be going across the pond,” James [...]
Airports are raising drop-off charges to record highs – so which London hubs are cashing in? July 13, 2023 Drivers taking relatives and friends to the airport should “brace themselves” for record drop-off charges this summer, the breakdown firm RAC has warned. The RAC’s investigation, which analysed charges across the UK’s busiest airports, reveals seven in 21 airports have hiked fees in the last year, with London Stansted topping the table at £7. Airports [...]
HS2 chief executive quits as soaring costs and delays continue to mount July 12, 2023 HS2 Ltd’s longest serving chief executive has announced his resignation from the project amid ongoing criticism over soaring costs and delay. 56-year old Mark Thurston – who was paid a salary of £617,300 in 2021/22 – will depart at the end of September after six and a half years at the helm. In a statement [...]
Renault and Aston Martin backer Geely to launch UK firm injecting £6bn and creating 19,000 jobs July 12, 2023 Renault and Aston Martin backer Geely have announced the launch of a new UK-based powertrain technology company, to manufacture low-emission hybrid and internal combustion engines. An investment of up to £6bn will injected into the new outfit, which will employ 19,000 workers. The two automakers said the new group would operate 17 engine plants and [...]
Michael O’Leary slams aviation minister as Ryanair quits ‘waffling and useless’ govt advisory group July 12, 2023 Ryanair pulled out of a key advisory group launched by the UK government to support its aviation strategy, slamming the body as a “talking shop” that delivered no real change for passengers or the sector. Michael O’Leary, the budget airlines combative CEO, said yesterday that aviation minister Baroness Vere should disband the “useless council,” instead [...]
Hostelworld has record revenues thanks to ‘bed price inflation’ and return of Aussie holidays July 12, 2023 Hostelworld reported record revenues of €51.5m (£43.3m), on the back of resurgent demand for big trips to Asia and Australia and “bed price inflation” helped prop up its margins. The travel platform saw revenue growth of 57 per cent year on year, on the back of 3.4 million bookings across Europe, Asia and Australian markets [...]
Bolt to relocate driver hub to the City as UK users hit 9 million milestone July 12, 2023 Ride-hailing platform Bolt has relocated its driver hub to a city centre location on the back of racing demand for its taxis, City A.M. has learned. Bolt told City A.M. that it has relocated the hub from Chiswick to Bermondsey due to soaring passenger demand and increase in drivers, revealing that it now has 100,000 [...]
London City Airport to appeal Newham Council’s decision to block growth plans July 11, 2023 London City Airport has said it will appeal against Newham Council’s decision to block its plans to expand flying hours and passenger capacity. “This was the wrong decision and did not properly balance the limited impacts with the very significant benefits of the proposals, particularly in the context of government policy, including making best-use of [...]
London business backs Gatwick’s £2.2bn second runway proposals July 11, 2023 London business groups have backed Gatwick’s proposals for a £2.2bn second runway, arguing the expansion plans would be a boon for the capital’s connectivity, jobs and trade. Last week, the West Sussex hub submitted proposals to the UK Planning Inspectorate to bring its emergency northern runway into routine use, forecasting this would create 14,000 new [...]