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      Fintech leaders still back the UK. Don’t make them regret it

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Transport & Infrastructure

  • Rail union fires fierce warning against government’s union busting plans

    May 22, 2022

    The UK’s largest rail union has fired a stark warning to the government over its plans to curb the effectiveness of strikes, telling Grant Shapps his plans would be met by industrial action from the entire trade union movement. Shapps, the transport secretary, is threatening the transport unions with new laws that would make it [...]

  • Exclusive: We will solve any supply chain issues, says Tevva CEO

    May 22, 2022

    Even though supply chain issues continue to rampage through the global automotive industry, electric and hydrogen truck maker Tevva has been slightly less impacted than others. The company’s chief executive Asher Bennett said its low capex manufacturing model has allowed it to “be a bit more flexible.” “If there are issues around the supply chain, [...]

  • Elon Musk rejects ‘wild accusations’ SpaceX paid $250,000 to flight attendant over sexual misconduct claim

    May 20, 2022

    Elon Musk has rejected “wild accusations” his SpaceX firm paid $250K to settle a claim of alleged sexual misconduct by a former flight attendant. The Tesla owner responded to a story first reported by Business Insider, which said that a claim was made in 2018 against him, by someone who previously worked for SpaceX. The [...]

  • EXCLUSIVE: King’s Cross worst tube station for TfL staff abuse

    May 20, 2022

    King’s Cross was crowned the worst tube station for staff abuse, with 140 incidences of abuse against its workers. The station was followed by Victoria with 137 instances of abuse and Notting Hill Gate with 113. Data requested through a FOI by workforce management firm WorkForce Software reported that between April 2020 and December 2021, [...]

  • Money maker: Traffic camera at Bank Junction makes £15m in fines in three years

    May 20, 2022

    The traffic camera at Bank Junction has made £15.2m in fines between 2018 and 2021. According to a FOI request by Bloomberg News to the City of London Corporation, in 2021 fines at the junction amounted to £3.2m – 40 per cent of all penalties levied in the City during the year. Drivers in fact [...]

  • TfL looks for investment partners to take up office space at Bank, Southwark and Paddington stations

    May 20, 2022

    Transport for London is looking for an investment partner to work on commercial developments at the sites of Bank, Paddington and Southwark stations. In a bid to reduce its reliance on fares for income, TFL is looking to offer commercial office space at the stations which could generate significant revenue. All three sites have either [...]

  • Boeing will get back on its feet, says Lufthansa boss

    May 19, 2022

    Boeing will get back on its feet soon, according to Lufthansa’s boss Carsten Spohr. The airline’s boss said it was backing the plane manufacturer despite the turbulent period it was going through. “Boeing as a symbol of America will get back to its feet,” the German executive said during a luncheon in Washington, adding now [...]

  • Tourism body calls for global ‘Digital Travel Portal’

    May 19, 2022

    The World Travel & Tourism Council (WTTC) has called for a Digital Travel Portal to help the global travel and tourism industry built its resilience post-Covid. According to the body, the portal would avoid the industry coming to a standstill in the face of Covid and any future health crisis. Through the portal, passengers could [...]

  • TfL extends London’s e-scooter trial until November to continue testing the vehicles

    May 19, 2022

    Transport for London (TfL) has announced it will extend its e-scooter trial from 6 June until 20 November. The project, which started in June 2021, was expanded under Department for Transport (DfT) guidance to gather data on usage as well as safety. “We are delighted to be extending our successful London e-scooter pilot in collaboration [...]

  • Labour calls to ban P&O management from senior positions

    May 19, 2022

    The Labour Party has called to ban the management of disgraced ferry operator P&O from ever holding any kind of senior position after the company sacked 800 seafarers and replaced them with cheaper workers. “P&O brazenly broke the law and they have faced no consequences for their action,” said shadow transport secretary Louise Haigh during [...]

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