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Transport & Infrastructure

  • Easyjet holds guidance as it eyes £700m profit

    May 22, 2025

    Easyjet has doubled down on full-year guidance as forward bookings showed promise ahead of summer. The low-cost carrier said bookings had been such that it expects to meet a prior target of £703m for annual pre-tax profit. Headline pre-tax losses came in at £394m, up 13 per cent year-on-year for the six months ended 31 [...]

  • Hercules PLC: Powering Britain’s infrastructure ambitions

    May 21, 2025

    The UK stands on the cusp of an unprecedented infrastructure revolution. With governmental commitments indicating significant investment (plans previously cited at £700bn-£750bn), the nation is poised to transform its transport networks, energy systems, and digital infrastructure.  This undertaking will not only require capital but also a large, skilled workforce that can adapt to the nation’s [...]

  • Porsche Cayenne E-Hybrid 2025 review: Work, rest and play

    May 21, 2025

    Book a Porsche press car and there’s a good chance it will be delivered by a Cayenne. The vehicles often travel inside a covered trailer, which is hauled to all corners of the UK by this particular workhorse. “I love them. They’re just so capable and comfortable,” says the driver as he unloads my showroom-fresh [...]

  • Uber unveils tie-up with Eurostar challenger

    May 21, 2025

    Uber is planning a partnership deal with one of the firms seeking to oust Eurostar as the sole operator of the Channel Tunnel. Gemini Trains, spearheaded by the Labour peer Lord Berkeley, is one of several competitors looking to break Eurostar’s 30-year monopoly on cross-channel services. Passengers will be able to book tickets via the [...]

  • Thames Water: Bonuses from £3bn emergency loan ‘withdrawn’

    May 20, 2025

    Hefty bonuses to Thames Water bosses that were carved out of a £3bn emergency loan have been “withdrawn” following backlash, the government has announced. Environment secretary Steve Reed said on Tuesday he was “very happy indeed that Thames have now dropped those proposals. It was the wrong thing to do. They have now withdrawn their [...]

  • Maserati GranTurismo Folgore review: Nice but niche

    May 20, 2025

    After five years in development, Maserati recently scrapped plans for its fully electric supercar: the MC20 Folgore. Blamed on ‘insufficient demand in the super sports car market for a battery electric vehicle’, the decision reflects a wider challenge for the automotive industry. In short, car enthusiasts don’t feel enthusiastic about EVs. Where does that leave [...]

  • James May and Richard Hammond race an aeroplane in a Porsche 

    May 20, 2025

    Richard Hammond and James May have reinvented one of Top Gear‘s most famous on-screen challenges with a unique cross-country race. In a new 20-minute video, filmed for Hammond’s DriveTribe channel, the duo pitch a high-performance Porsche against a small aircraft.  A clever twist is that both the plane and car – a Porsche Taycan Turbo [...]

  • Senior: FTSE 250 aerospace and defence group bags new contracts

    May 20, 2025

    Senior shares edged up on Tuesday after it unveiled £168m worth of new contracts that will stretch into the 2030s. Shares in the FTSE 250 firm have soared nearly 40 per cent over the last month despite the threat of Donald Trump’s tariffs on the wider aerospace industry. The stock edged up nearly two per [...]

  • Blue collar brain drain to Saudi is harming major infrastructure projects

    May 20, 2025

    An exodus of talent from Britain’s infrastructure sector to the Middle East is harming the delivery of major projects in the UK, according to the head of a key labour supplier. “Certain skills are missing in every level really when you look at it,” the boss of London-listed Hercules, which specialises in supplying labour to [...]

  • Uber Boats by Thames Clippers nets £59m from Natwest and Santander

    May 19, 2025

    Uber Boats by Thames Clippers has secured £59m in funding from Natwest and Santander after experiencing a surge in passenger numbers since the Covid-19 pandemic. The London river transport provider said the joint funding package would support plans for new vessels, pier upgrades and improvements to dry docking facilities. “It’s vital that we have funding [...]

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