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      The Magnificent 7 in 2025 – and the survival of the richest

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Transport and infrastructure

  • British airline pilots body win landmark appeal against Ryanair

    January 17, 2025

    The British Airline Pilots Association has achieved a win in the Court of Appeal today over over illegal blacklisting practices at Ryanair

  • Nissan supplier to create almost 200 jobs with new £50m EV factory

    January 16, 2025

    A major supplier of Nissan has invested nearly £50m to open a new factory in Sunderland, creating 183 high-skilled jobs for the local region. Jatco, a Japanese firm which makes gearboxes for global automakers, will build electrified powertrains for Nissan’s nearby gigafactory. Situated in Sunderland’s International Advanced Manufacturing Park, the 138,840 sq ft plant is [...]

  • Government too involved in HS2, warns top infrastructure adviser

    January 15, 2025

    Too much government involvement in HS2 has hampered delivery and fuelled massive cost overruns and delays, according to a key infrastructure adviser. Sir John Armitt, chair of the National Infrastructure Commission, told MPs he had “never been convinced by the governance structure of HS2,” having been influenced by his own experience delivering the infrastructure for [...]

  • Chauffeur firm Blacklane looks to ‘double down’ on London after Saudi cash injection

    January 13, 2025

    Luxury chauffeur service Blacklane is looking to “double down” on London after announcing its largest-ever funding round late last year. The Berlin-based firm, which counts Mercedes-Benz and the Saudi Public Investment Fund (PIF)’s Tasaru Mobility among its investors, raised £53.5m in October amid long-running reports of a possible Initial Public Offering (IPO). Blacklane’s airport transfer [...]

  • Shipping giants face landmark cartel class action for overcharging UK motorists

    January 13, 2025

    First follow-on cartel class action to hit a trial in the UK kicks off over allegations that shipping firms overcharged British consumers for car deliveries

  • RMT union boss Mick Lynch to step down

    January 9, 2025

    Mick Lynch, the RMT general secretary who gained national notoriety during a series of train strikes in recent years, is to retire. Lynch, 63, was elected general secretary in 2021 after previously serving two terms as assistant general secretary and another two on the union’s national executive committee executive. The union boss has become a [...]

  • Ryanair targets clamp down on ‘disruptive passengers’ with legal action

    January 8, 2025

    Low-cost airline Ryanair has issued legal action against "disruptive passengers" in a move to clamp down on misconduct on its flights

  • Profit stalls at iconic motorcycle maker Triumph

    January 7, 2025

    Profit has stalled at iconic motorcycle brand Triumph as an economic downturn in China and a fall in the value of sterling impacted its sales. The Derbyshire-headquartered business, which is owned by billionaire John Bloor, has reported a pre-tax profit of £72.6m for the year to 30 June, 2024, up slightly from the £72.3m it [...]

  • New car market in UK up 2.6 per cent in 2024, figures reveal

    January 4, 2025

    The UK’s new car market recorded its second successive year of growth with a 2.6 per cent rise in registrations in 2024, new figures show. Industry body the Society of Motor Manufacturers and Traders (SMMT) said around 1,953,000 new cars were registered last year, compared with 1,903,000 in 2023. Growth was delivered entirely by purchases [...]

  • Peel Ports: Billionaire tycoon handed higher pay day despite profit slump

    January 3, 2025

    The billionaire family behind Peel Ports raked in even more money despite profit at Britain’s second largest operator being slashed during its latest financial year. The Whittaker family shared a dividend pot of £153.9m with fellow shareholders in the Liverpool-headquartered group in the year to 31 March, 2024. The dividend is up from the £138.9m [...]

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