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      Former Formula 1 champion loses £1.4m HMRC tax bill appeal

      Red Formula 1 race car on track with Honda, Marlboro British Grand Prix, and Talbot signs

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      Former Formula 1 champion loses £1.4m HMRC tax bill appeal

      Red Formula 1 race car on track with Honda, Marlboro British Grand Prix, and Talbot signs

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Transport & Infrastructure

  • Almost 100,000 Londoners carry TfL’s disability badge as Priority Seating Week ends tomorrow

    April 28, 2022

    Almost 100,000 Londoners received a disability badge from Transport for London (TfL) over the last five years. The data was revealed by the body during this week’s Priority Seating Week to encourage Londoners to be more mindful of other people and give their seat up if they see someone who needs it more. “It is [...]

  • UK automotive output down by 100,000 cars as supply chain issues continue to bite

    April 28, 2022

    The UK automotive production was down by 100,000 cars in the first quarter of 2022 as a combination of pandemic-induced supply chain issues and the war in Ukraine continued to bite.  According to data by the Society of Motor Manufacturers and Traders (SMMT), output declined by 32.4 per cent on 2021 levels, going from 306,558 [...]

  • Railway cleaners begin 11-day strike over salaries

    April 27, 2022

    Railway cleaners began today an 11-day strike to increase their salary to £15 per hour. The union RMT said its members working for contractor Churchill aboard the GTR, Southeastern and HS1 networks will go on strike until 7 May. As part of the campaign, RMT is calling for cleaning staff to be treated like other [...]

  • MOT could be relaxed under new government plans

    April 27, 2022

    The annual MOT checks could be relaxed under government plans to help Brits navigate the cost of living crisis. Transport secretary Grant Shapps today told the Commons’ Transport Select Committee he didn’t exclude out relaxing the rules, but any changes would need to meet a “very rigorous safety standard.” “If you look at things like [...]

  • Addison Lee returns to profitability for first time since 2020 takeover

    April 27, 2022

    Addison Lee announced today it has returned to profitability for the first time since its March 2020 takeover.  In the financial year ending 31 August, the London-based private taxi provider achieved an adjusted EBITDA of £7.9m on a £164m turnover. Following the end of travel restrictions in the UK, the firm reported a 47 per [...]

  • Boom in demand boosts Mercedes allowing to offset costs

    April 27, 2022

    A boom in demand has boosted Mercedes-Benz’s financial performance allowing it to offset rising material and transport costs, the car giant announced today. “In terms of the desire of wealthy people to spend the money for exceptional products, I would say there is no barrier, there is no limit,” said chief financial officer Harald Wilhelm. In [...]

  • Government requires UK ports to check seafarers’ salary after P&O scandal

    April 27, 2022

    UK ports will be required to check whether seafarers are paid minimum wage, the government announced today. Transport secretary Grant Shapps told the Commons’ Transport Select Committee the new legislation will not required ports to “physically enforce” new minimum wage requirements when they are introduced. “What we will require them to do is ask for [...]

  • McLaren choses former Ferrari executive Michael Leiters to head automotive business

    April 27, 2022

    McLaren Automotive has appointed former Ferrari chief technology officer Michael Leiters as chief executive, the UK car maker announced today. “I could not be more excited to be joining McLaren Automotive as CEO at this important moment in its journey,” said Leiters today. “I look forward to growing that reputation for our loyal customers, employees, fans [...]

  • Sigh of relief in the City as govt calls idea of windfall tax on oil and gas profits ‘disastrous’

    April 27, 2022

    The Justice Secretary this morning dismissed Labour’s plan for a windfall tax on oil and gas companies to ease the cost-of-living crisis, calling the idea “disastrous”. Dominic Raab told Sky News: “If you look at Labour’s policy, you asked about it – of a windfall tax – that would damage investment in energy supplies we [...]

  • P&O restarts Channel sailings as calls for boss resignation pile up

    April 27, 2022

    P&O restarted today its Channel routes amid safety concerns and government calls for boss Peter Hebblethwaite to resign. The Spirit of Britain vessel departed late last night carrying freight customers, as passenger services are expected to resume early next week. Initially detained by the coastguard on 13 April, the Spirit of Britain was cleared for [...]

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