EU carmakers could lose £3.69bn due to post-Brexit tariffs June 12, 2023 European automakers have said they could lose €4.3bn (£3.69bn) and cut production of nearly 500,000 vehicles, if the EU does not delay putting in place tariffs between the EU and UK. According to the Financial Times, the European Automobile Manufacturers Association (Acea), has said that China would benefit if the EU does not agree to [...]
Eurowag boss: UK should remain open to alternative green fuels June 12, 2023 The founder and CEO of FTSE 250 firm Eurowag has said that the UK should remain open to synthetic fuels, amid impending bans on petrol and diesel vehicles and an ongoing wider debate over alternative fuels’ role in decarbonising. Speaking to City A.M. Martin Vohanka said he would like the UK to “stay open” to [...]
15,000 EasyJet passengers hit by flight cancellations at Gatwick due to stormy weather June 12, 2023 Easyjet has cancelled flights affecting over 15,000 passengers, as thunderstorms and poor weather conditions across the UK and Europe caused significant disruption. The budget airline cancelled 54 flights on Sunday and 55 on Monday due to take-off from Gatwick Airport. Easyjet said that “thunderstorms in the Gatwick area restricted the number of arrivals and departures [...]
London Heathrow reports booming May traffic as triple Bank Holiday eclipses strikes June 12, 2023 London’s Heathrow Airport had 6.7m passengers in May as a triple bank holiday and strong demand for transatlantic routes helped it shrug off eight days of strike action. The airport said this morning that it currently has “more daily flights than ever before between the UK and USA,” with one in four passengers flying between [...]
UK car and battery producers set to miss out on benefits from new UK-US partnership June 11, 2023 UK carmakers and battery producers will miss out on benefits from the much-anticipated US-UK economic partnership announced on Thursday, according to analysis from trade experts reported by the Financial Times. Britain’s automotive and electric vehicle (EV) industry had been hoping that “Atlantic Declaration” deals would help address concerns in the sector surrounding the impact of [...]
Saudi Arabia could replicate Dubai as a ‘playground for everyone’, says Riyadh Air boss June 11, 2023 The British chief executive of Saudi Arabia’s major new airline said on Sunday that the country could become a “playground for everybody” and replicate Dubai’s social and economic liberation, despite ongoing criticism over human rights abuses and corruption. In an interview with the Telegraph, Riyadh Air’s CEO Tony Douglas, a former boss of Etihad Group [...]
Car makers could face £730m in fines for missing UK’s zero-emission targets June 11, 2023 Car manufacturers could face up to £730m in fines if they don’t increase their sales of electric cars by 2024, according to new analysis from green consultancy New AutoMotive. The UK’s Zero Emissions Vehicle Mandate (ZEV) forces car manufacturers to make 22 per cent of their total UK car sales electric in 2024, and 100 [...]
Slow down! MPs and industry call for insurance and number plates for e-bikes June 11, 2023 E-bikes should be insured and have number plates due to the safety risks for pedestrians posed by speedy riders, warned MPs and industry members on Sunday. As more and more e-bikes take to the streets of the UK and counts of widely reported incidents grow, calls are growing for measures to help bring the electric [...]
Train derailment on line to London Bridge causes travel chaos on Thameslink June 9, 2023 A derailment within a depot between Dartford and London Bridge has forced all lines to be closed this morning. Major disruption was caused by the incident, with Network rail reporting just before 9am that the train was now clear of the track at Plumstead. However it was being inspected for damage caused so disruption would [...]
Expensive repairs and second-hand car costs push motor claims to record £2.4bn in first quarter June 9, 2023 A record £2.4 billion was paid out in motor claims in the first quarter of this year as firms find surging costs increasingly challenging to absorb, according to the Association of British Insurers (ABI). More expensive vehicle repairs, rising second-hand car costs and longer repair times are among the challenges faced by insurers, although there [...]