Soaring oil prices create panic among most UK drivers March 7, 2022 Soaring oil prices continue to create panic among UK drivers, as growing numbers continue to be concerned about filling up their tanks. As a result of the ongoing Ukrainian conflict and consequences on oil prices as well as because of soaring inflation, UK petrol prices have risen last week to £1.55 per litre for diesel [...]
Clarkson delivers 19th consecutive year of growth as profit up 55 per cent March 7, 2022 Integrated shipping services giant Clarkson has delivered its 19th consecutive year of growth, registering a 55.3 per cent surge in profit. In the year ended 31 December, the group reported an underlying profit before taxation of £69.4m, with earnings per share going up 56.2 per cent to 165.6p. “Our record 2021 results are testament to [...]
TUI chief: Holiday bookings fly back to pre-pandemic levels March 6, 2022 Travel giant TUI said it expects holiday bookings to rise towards pre-pandemic levels as the industry gets back on its knees.
Polluting London drivers to be hit with daily fee of £12.50 as Sadiq Khan plans to expand Ultra Low Emission Zone to entire city March 6, 2022 London Mayor Sadiq Khan said today that he plans to expand the capital’s Ultra Low Emission Zone (Ulez) to cover the entire city in a push to cut pollution and congestion. Mr Khan has asked Transport for London (TfL) to consult on extending the scheme’s boundary from the North and South Circular Roads to the [...]
Lufthansa’s shares go down as airline says it has no plans for majority stake in ITA March 3, 2022 Lufthansa’s shares have gone down 8.09 per cent today as the German carrier announced it has no plans to gain a majority stake in Alitalia’s successor ITA. Chief executive Carsten Spohr told investors today not to worry about the takeover, as owning a majority stake in ITA is “far away” from his intentions. “We know [...]
Aviation software company Sabre cuts ties with Russia’s Aeroflot following Ukraine invasion March 3, 2022 Aviation software company Sabre announced today it has cut ties with Russian airline Aeroflot following Moscow’s invasion of Ukraine. The Texas-based group said it has terminated its distribution agreement, removing Aeroflot’s content from its global distribution system – which is used by global travel agencies and websites to book and service flight reservations. “We are [...]
Used car prices continue to grow but record trend expected to stabilise March 3, 2022 The average price of a second hand car in the UK has continued to grow, reaching in February a record 31.9 per cent year-on-year and like-for-like increase. Even though it marks the 23rd consecutive record month of growth, the 0.6 per cent raise is the lowest increase registered since April 2021. According to Auto Trader’s [...]
World’s largest low-carbon refuelling HGV station opens in UK March 3, 2022 The world’s largest low-carbon refuelling station for HGV has finally opened its doors in Avonmouth, near Bristol. The site, which opened today, is expected to refuel up to 80 HGVs per hour, using renewable bio methane to cut around 70,000 tonnes of CO2 emissions per year from HGVs. The station, installed and operated by bio [...]
Air Force One’s sister plane sent on training flight following Kremlin’s nuclear threats March 3, 2022 Air Force One’s sister plane, $200m Doomsday plane, was reportedly sent on a four-hour training flight following Russia’s nuclear threats to the West. Designed to become a flying government control centre in the event of a nuclear conflict, the Doomsday plane was seen on Monday taking off from a military base in Nebraska, the i [...]
Jet2 becomes first UK carrier to drop mandatory mask policy March 3, 2022 Passengers are no longer obliged to wear a face mask aboard Jet2 flights, as Jet2 was the first UK carrier to drop the requirement. “It’s no longer a legal requirement to wear a face mask at our airports or onboard our planes,” the airline said in a statement. “However, as per UK government guidance, we [...]