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      Deloitte warns of ‘challenges ahead’ for European football despite €40bn milestone

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      Deloitte warns of ‘challenges ahead’ for European football despite €40bn milestone

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Transport & Infrastructure

  • From today: Many trains services slashed following staff shortages as strikes and Covid cripple rail networks

    January 1, 2022

    Several train operators – including ScotRail and South Western Railway – said they have no choice but to slash services as a result of Covid-induced staff shortages. From today until 17 January, when the new timetable will be introduced, Southwestern Railway trains will be subject to short notice cancellations. “The onset of the Omicron variant [...]

  • Brexit passporting: Little appetite among EU finance firms to stay in London as FCA applications disappoint

    January 1, 2022

    It appears that many European financial services firms are not interested in continuing to be authorised in the City, as only half of EU firms that were given a temporary license to operate in the UK – immediately after Brexit – have applied for full authorisation, a Freedom of Information request has revealed. The City [...]

  • Drivers unaware of Highway Code changes, data reveals

    December 31, 2021

    The majority of UK drivers are still unaware of the changes made to the Highway Code which – if approved by Parliament – will come into effect on 29 January. According to a poll carried out by the AA before Christmas, two thirds of its 13,000 members didn’t know changes were under way. British charity [...]

  • Local authorities sue European truck makers over price-fixing scheme

    December 31, 2021

    More than 100 UK local authorities are taking European truck manufacturers such as Volvo and Daimler to court over a price-fixing scheme. Basildon’s and North Tyneside’s councils as well as 22 fire and rescue services are seeking £450m worth of damages five years after the European Commission ruled that Volvo, Daimler, Iveco, DAF and MAN [...]

  • Southern trains cancels ALL services to and from London Victoria until January 10 as rail disruption worsens

    December 30, 2021

    Southern announced this afternoon that none of its trains will run to or from London Victoria until January 10 due to “coronavirus isolation and sickness”. Disruption to rail services is worsening due to pandemic-related staff shortages and industrial action. London Victoria is one of the UK’s busiest stations, and is normally connected by Southern to [...]

  • Exclusive: Nearly 9m Brits face having to cancel or postpone US and European holidays

    December 30, 2021

    Nearly nine million holidaymakers face potentially having to cancel or rearrange trips to the US or mainland Europe that they booked before the introduction of new travel restrictions, according to new research shared exclusively with City A.M. this morning. Nearly one in five adults, around 8.9m Brits, has booked trips to mainland Europe or the [...]

  • Brexit red tape: More disruption to food supplies looming as EU is ‘not prepared’ for new UK import rules that take effect on 1 January

    December 30, 2021

    The food industry is warning of more disruption to food supplies when new UK import rules take effect this Saturday. From 1 January, importers must make a full customs declaration on goods entering the UK from the EU or other countries. Traders will no longer be able to delay completing full import customs declarations for [...]

  • Financial protection for holidays surges in importance amid pandemic, says aviation watchdog

    December 29, 2021

    Financial protection for holidays has surged in importance over the pandemic, with many families relying on the safeguard amid sudden restrictions. Nearly 75 per cent of holidaymakers consider ATOL protection more important now than before Covid-19 began curbing travel, research by the UK Civil Aviation Authority (CAA) has found. The industry watchdog urged families who [...]

  • Mayday: Year from hell in aviation as empty flights crash-land by staggering 71 per cent from pre-pandemic levels

    December 29, 2021

    Covid-related travel restrictions led to a 71 per cent reduction in the number of international flights to and from UK airports this year compared with pre-pandemic levels, new analysis shows. Aviation analytics firm Cirium said around 406,060 international flights served UK airports during 2021 up to December 22, compared with 1,399,170 in the pre-pandemic period [...]

  • BAE Systems working to create £100m army of 1,700 apprentices and graduates in 2022

    December 29, 2021

    Almost 1,700 apprentices and graduates from across the UK will join defence giant BAE Systems next year. The company said this morning the creation of more than 900 apprentice and 750 graduate and undergraduate roles is the biggest intake of its kind the company has ever offered in a single year. Most of the roles [...]

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