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      Monzo in talks over £10bn sale to Nubank in blow to IPO hopes

      The valuation would cement Monzo's status as one of Britain's biggest tech start-ups.

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      AI and politics will never destroy the beauty of supporting clubs like Bournemouth

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Transport & Infrastructure

  • Archbishop of Canterbury calls on government to stop “travel apartheid”

    December 7, 2021

    The Archbishop of Canterbury Justin Welby has called on the UK Government to scrap the travel red list and put an end to “travel apartheid.” “With Omicron set to become the dominant variant in the UK, I appeal to the British Government to remove Nigeria and South Africa from the red list – together with [...]

  • American Airlines boss to step down after 20 years in the business

    December 7, 2021

    American Airlines’ boss Doug Parker announced today he will step down as the carrier’s chief executive at the end of March, retaining his role as chairman. Parker’s announcement caused the airline’s shares to go up 2.4 per cent to $18.36 at market opening. “After a legendary 35-year career in aviation, our CEO, Doug Parker, will [...]

  • Micromobility firm to launch UK’s first shared e-moped service

    December 7, 2021

    UK micromobility firm Human Forest is set to roll out its shared e-moped service in London from January, becoming the first company in the country to have a shared e-moped fleet. The company’s network will initially consist of 100 vehicles, to be deployed across the capital, with numbers going up to 200 during the year. [...]

  • Drone industry to face “cliff edge threat” without government support, expert warns

    December 7, 2021

    The UK drone industry is on the verge of facing a “cliff edge threat”, following the expiration of the EU’s accreditation scheme in December 2022. According to Robert Garbett, a leading advisor on drone technology and chief executive of consultancy firm Drone Major, the UK Government needs to speed up post-Brexit drone accreditation. UK manufacturers [...]

  • TfL funding crisis: Sadiq Khan forced to cut 500 Tube station jobs

    December 7, 2021

    Sadiq Khan is set to make large job cuts at London Tube stations in a bid to save cash as Transport for London’s (TfL) funding crisis starts to bite. Between 500 and 600 jobs at Tube stations across London are set to be axed, with larger central London stations to absorb the largest cuts. City [...]

  • British Airways slashes 2,000 flights until end of March

    December 7, 2021

    British Airways (BA) has reportedly slashed around 2,000 flights, removing them from its schedules until the end of March. The flights were cancelled between 26 November and 3 December, but appear to be unrelated to the UK Government’s decision to re-introduce mandatory pre-departure and day 2 PCR tests, aviation news site Simple Flying reported. According [...]

  • Bank station evacuated over fire alert

    December 7, 2021

    Bank station was evacuated this morning because of a fire. Passengers were forced to leave the station and many reported that London Fire Brigade engines were present at the scene, while the London Ambulance Service was not called. “Firefighters were called to a fire alert at Bank Underground Station this morning,” the London Fire Brigade [...]

  • CMA warns taxpayers and councils face higher bills after £11bn Veolia-Suez waste management merger

    December 7, 2021

    The £11.1bn merger between French waste and water management giants Veolia and Suez could lead to higher prices for UK councils and taxpayers, according to Britain’s competition watchdog. The Competition and Markets Authority (CMA) said the tie-up, which was announced earlier this year, could lead to a loss of competition in the supply of key [...]

  • TfL: Khan hits out at Shapps for refusing to meet him as funding talks go down to wire

    December 6, 2021

    City Hall and Whitehall have continued their row over urgent Transport for London (TfL) funding talks tonight, with each side blaming the other for slow progress. With just four days to go until TfL’s latest government bailout runs out, its fourth in the past 19 months, transport secretary Grant Shapps has still not met with [...]

  • Airlines stocks jump as Omicron concerns are shrugged off

    December 6, 2021

    The shares of several airlines – including British Airways’ owner IAG, Easyjet and Ryanair – jumped today, as a result of carriers shrugging off concerns about the latest Covid variant, Omicron. Evidence showing the mild effects of Omicron, which has not yet caused any deaths, has led to IAG going up to 142.26p from a [...]

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