Harland & Wolff: Titanic shipbuilder to enter administration as job losses loom September 16, 2024 The Aim-listed shipyard said steps were now underway to reduce headcount in its "non-core" and certain "central support areas."
Toyota: Revenue surges despite drop in UK market share September 16, 2024 Sales at the UK arm of car making giant Toyota jumped by almost £600m to pass £3.5bn during its latest financial year despite a drop in market share. The Surrey-headquartered company’s revenue for the year to 31 March, 2024, increased from £2.9bn to £3.5bn, according to newly-filed accounts with Companies House. The UK market share [...]
Harland & Wolff to meet with shareholders as administration risk looms September 16, 2024 Troubled shipbuilder Harland & Wolff is planning to meet with shareholders this Thursday following reports that the firm could fall into administration as soon as this week, City A.M. understands.
Chinese EV makers should be barred from UK public contracts over data privacy fears, campaigners warn September 16, 2024 Suppliers suspected of having ties to the Chinese military pose a risk due to the potential for built components to be "weaponised" from overseas.
M6 Toll owner rakes in the profit after price rises September 13, 2024 Profit at the company behind the M6 Toll road accelerated to almost £30m thanks in part to prices being raised in 2023, it has been revealed.
Heathrow crowned most connected airport despite recent concerns September 13, 2024 London Heathrow has been crowned the most connected airport in the world despite recent concerns it may be losing ground on international rivals. New analysis from global travel data provider Official Airline Guide (OAG) found the West-London hub topped the charts for the second year running. The figures, which included transfer flights, reveal that Heathrow [...]
Heathrow: Passenger numbers soar as boss hails ‘busiest summer’ September 11, 2024 Heathrow Airport has reported a fourth consecutive month of record-breaking passenger traffic in what has proved one of the UK’s busiest ever summers for travel demand. Some 8m travellers passed through in August, up 5.5 per cent year-on-year and bringing the West London hub’s rolling 12 month total to 82.6m. Heathrow said it was “on [...]
Jet2 founder Philip Meeson sells millions more shares September 11, 2024 The founder of budget airline and holidays operator Jet2 has further lowered his stake in the listed business after selling a further five million shares. Philip Meeson has sold the ordinary shares to a limited number of institutional investors. The deal involves approximately 2.3 per cent of the issued ordinary share capital in Jet2. In a statement [...]
Transport for London selects Global and JCDecaux to run ad estate September 10, 2024 Transport for London (TfL) has selected Global and JCDeacux to run its lucrative advertising estate, following a hotly-contested tendering process. Global continues its stint managing advertising sites on the Tube, London Overground, DLR, Tram and across the Elizabeth Line. JCDecaux, the French multinational ad corporation, will manage advertising at more than 4,700 bus shelters across [...]
HS2: Construction of Britain’s longest railway bridge completed near London September 5, 2024 High Speed Two (HS2) has completed the construction of the longest railway bridge in Britain to the north west of London. The final deck segment of the 2.1-mile long viaduct, crossing the Colne Valley in Buckinghamshire, was fixed into place on Thursday by HS2 engineers. The new bridge breaks a 140-year record held by the [...]