Use it or Lose it: UK airport coalition calls on government to restore slots November 9, 2021 A coalition of Gatwick, Belfast and Edinburgh airports has urged transport secretary Grant Shapps to restore the ‘Use it or Lose it’ airport rule. Backed by low-cost carrier Wizz Air, the coalition has called on the government to revert to the slot rule – which imposes on airlines to fly, trade or hand back airport [...]
BA goes ahead with Gatwick plans following backing from unions November 9, 2021 British Airways (BA) is expected to go ahead with its plans to operate a short-haul subsidiary from Gatwick following accords with trade unions. Luis Gallego, chief executive of BA’s owner IAG, told Bloomberg Television that agreements were reached with pilots and flight attendants, leaving the company to negotiate only with ground staff – a secure enough [...]
Congratulations, Uber! App to celebrate one billion UK trips November 9, 2021 Uber is expected to celebrate its billionth UK trip later this year, almost 10 years after it first launched. To mark the milestone, the company has announced that both the billionth rider and the driver who takes the billionth trip will receive prizes. The customer will win free Uber trips for 10 years, while the [...]
RMT rouses Caledonian Sleeper staff into new wave of ins November 9, 2021 RMT has confirmed a two-day strike is going ahead this week on the Caledonian Sleeper in Scotland. Workers on the sleeper service have been roused into action for the fourth time following a protracted pay dispute with Serco. The industrial action takes place between 11th and 13th November. The train provides overnight journeys from London [...]
More commuter madness: Tube drivers vote overwhelmingly in favour of strike November 9, 2021 Tube drivers overwhelmingly voted in favour of a strike yesterday, which could see commuters face further disruptions after Transport for London’s (TfL) controversial announcement regarding the Northern Line on Friday. London Underground drivers, part of the ASLEF union, are set to strike to protect working their conditions and pensions. “Tube train drivers will go on [...]
UK transport infrastructure poised for perfect storm, warns leading economist November 9, 2021 The UK’s transport infrastructure needs to brace itself for an environmental and logistical perfect storm, warned economist Walter Boettcher. In his report ‘Clicks & Consequences – accommodating the rise of e-commerce,” Dr Boettcher, Colliers’ UK head of research and economics argued that the rise of e-commerce is exposing the fragility of the supply chain system, inhibiting [...]
EV company Pod Point announces admission to trading on LSE November 9, 2021 Electric vehicle (EV) charging provider Pod Point announced yesterday its admission to trading on the London Stock Exchange (LSE). The company revealed that its 153.4m ordinary share capital was accepted to the Financial Conduct Authority’s (FCA) official list, under the ticker PODP. The news came a few days after the company confirmed its offer price [...]
Watch as first New York-bound BA and Virgin flights perform dual take off November 8, 2021 Two U.S. bound flights took off at the same time from London Heathrow airport today as US travel restrictions lifted to allow fully vaccinated travellers. Watch the full report.
Rising costs of lithium batteries to cause a hike in EV prices November 8, 2021 The rising cost of lithium batteries could lead to a surge in the price of electric cars, the Telegraph reported. According to price reporting agency Benchmark Mineral Intelligence, lithium ion battery makers have contacted customers to renegotiate contracts, placing the responsibility on the rise in cathode and anode raw material prices as well as rising [...]
London energy fund backs pay-per-mile EV taxi funding November 8, 2021 The Mayor of London’s energy efficiency fund (MEEF) has contracted FinTech company Zeti to deliver pay-per-mile funding of net-zero taxis across the capital. MEEF – a £500m investment fund – will make finance payments on a per-mile basis to boost the cash flow of fleet operators. The funding will have as its first beneficiary Colt [...]