HS2 plans sweeping job cuts and major restructuring as it battles soaring costs July 18, 2024 HS2 Ltd, the private company overseeing the delivery of the high-speed railway line, is planning a sweeping round of job cuts and major restructuring as the embattled project's scope narrows following the cancellation of the northern leg.
Harland & Wolff slams ‘misleading’ claims government won’t back £200m loan July 17, 2024 Troubled shipbuilder Harland & Wolff has dismissed reports that the government will reject its request for a £200m loan guarantee.
King’s Speech: Labour outlines plan to nationalise rail operators July 17, 2024 King Charles said the new government would improve the railways by establishing Great British Railways and bringing rail operators into public ownership.
King’s Speech: Starmer will not U-turn on HS2 cancellation July 17, 2024 Labour will seek to improve east to west connectivity across the north of England by other means than bringing back HS2's northern leg.
Cazoo racked up debts of over £260m as it collapsed into administration July 16, 2024 Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
Heathrow, Gatwick and Stansted: How much are UK airports raking in from drop off charges? July 15, 2024 Analysis from the RAC shows seven of the top 20 UK hubs by passenger numbers have hiked prices for drop-off parking since last summer.
Court of Appeal overturns VAT obligation to taxi fares in Uber case July 15, 2024 Court has overturned a landmark ruling that for all private hire journeys outside of London should be paying VAT, a ruling that will be seen as a win for the taxi industry
Why airport expansions fuelled by booming travel demand could be a double-edged sword July 15, 2024 In a report, the ratings agency Moody's said rising passenger numbers would drive "significant investment" in expansion projects.
Harland & Wolff crisis talks: Investors await update on Titanic shipbuilder as shares suspended July 15, 2024 Harland & Wolff is in crisis talks with ministers to approve a £200m bailout after years of mounting losses, which have placed its future in doubt.
Carwow valued at £250m as it taps US investor in funding round July 14, 2024 San Francisco-based Bessemer Venture Partners has put its weight behind the UK online vehicle marketplace.