P&O bosses confident of avoiding ‘fire and rehire’ fine and thought public anger would ‘recover’ April 25, 2023 Controversial cruise operator P&O is confident it will not pay for the ‘fire and rehire’ scandal last year, according to company filings shared with City A.M. The accounts, which cover the 2021 calendar year, predict that the UK’s Insolvency Service will not be able to demonstrate that any subsequent action taken was in the public [...]
London Underground could face summer of strikes as Mick Lynch’s RMT re-ballots 10,000 members April 25, 2023 10,000 RMT members are set to be re-balloted for strike action today, in a continuing row over jobs and pensions which looks set to pile more misery on London commuters. The RMT, Transport for London and Sadiq Khan have been in a fierce dispute over the past year, after plans were announced to cut 600 [...]
London proves it’s easy being green: Capital clinches eco finance crown for fourth year in a row April 25, 2023 London has again been named the world’s number one centre for green finance, according to a survey. The capital scored well across think tank Z/Yen’s 11th Global Green Finance Index (GGFI), allowing it to retain the world’s top spot for the fourth year running. London outdid all other cities in terms of its talent pool, [...]
Formula 1 test firm AB Dynamics drives towards revenues of £50m April 25, 2023 AB Dynamics, which produces robots and simulators used by Alfa Romeo’s Formula 1 team, saw revenues close to £50m in the six-month period to 28 February 2023. The results, which mean AB has increased revenue by £10m on the previous year, came despite the continuing supply chain disruption and economic uncertainty at the time. The [...]
Taxi tie-up sees Bolt link with London’s black cabbies April 25, 2023 A major taxi industry tie-up will see ride-hailing service Bolt make London’s black cabs available on their apps from today. Londoners using Bolt will now be able to order London’s iconic taxis to get around the capital as the firm introduces a ‘black cab’ category on the app. London’s cabbies have teamed up with mobility [...]
Tory heavyweights endorse former Boris Johnson adviser to run for London mayor April 25, 2023 A former Downing Street adviser to Boris Johnson has emerged as the Conservative front runner for London mayor next year after earning the backing of three party heavyweights. Energy secretary Grant Shapps and Northern Ireland Office minister Steve Baker, along with former home secretary Priti Patel, announced on Monday they were endorsing Samuel Kasumu to [...]
May bank holiday traffic: 17 million car journeys in ‘busiest weekend’ since 2016 April 25, 2023 Traffic levels are set to soar, with this weekend set to be the busiest since 2016, according to research conducted by the RAC and transport analytics firm Inrix. Over 17 million journeys will take place over the long weekend, beating the 14.6 million predicted for the King’s coronation, as Brits opt to watch the event [...]
HS2 boss: We didn’t know how much Euston would cost to deliver until last year April 24, 2023 HS2’s chief executive Mike Thurston told the Public Accounts committee today that the Euston development of the project was a long way from its initial target – and that the costs of the last stretch of the line into London were poorly understood until 2022. Thurston told the committee “candidly, it was only until we [...]
Elizabeth Line: More trains and improved timetable to mark new London favourite’s first birthday April 24, 2023 The Elizabeth Line will mark its one year anniversary with speedier travel and an improved timetable, TFL announced today. The popular line will see a swathe of improvements from Sunday 21 May, as it reaches the final milestone of the Crossrail project. Londoners can expect more trains and faster journeys on a number of routes, [...]
Evri to ‘triple’ deliveries as it rolls out e-cargo bikes in London and Leeds April 24, 2023 Delivery titan Evri has launched new plans to triple annual parcel deliveries using electric-cargo bikes. Evri, formerly known as Hermes will expand its e-cargo bike fleet to London and Leeds this year, as the company looks to reduce carbon footprint in the ‘last mile,’ of its deliveries. Evri said that its services completed 154,000 deliveries [...]