SFO arrests flight-risk suspect of car-leasing investigation October 20, 2021 The Serious Fraud Office (SFO) has arrested a suspect that was being investigated as part of an ongoing enquiry into the Raedex Consortium, which includes companies such as Buy2Let Cars and Paygo Cars. Considered a flight-risk, the suspect was apprehended with the help of the Surrey Police and is being questioned by SFO officers. Today’s [...]
London rush hour back to pre-pandemic levels with motorists spending 115 hours stuck in traffic October 20, 2021 London’s busiest roads are back to pre-pandemic levels according to new data released this afternoon. Congestion last month reached 61 per cent, close to the levels recorded in 2019 of 63 per cent, according to traffic index TomTom. Not only that but the average Londoner wastes 115 hours stuck in traffic every year. That’s over 4 days [...]
Used car prices skyrocket as UK inflation eases October 20, 2021 The UK average price of a used car has increased by 23.9 per cent this week as a result of September’s inflation rates easing to 3.1 per cent. Data from automotive advertising firm Auto Trader have also revealed that year-on-year prices quadrupled this week, especially if compared with the 5.7 growth recorded in the week [...]
Decarbonisation of aviation: Is the govt ignoring its own evidence on airport expansion? October 20, 2021 The Government appears to ignore its own evidence when it comes to airport expansion and the decarbonisation of aviation. The Net Zero Strategy published yesterday, highlights how difficult it is to decarbonise aviation and places heavy reliance on the development of ‘sustainable aviation fuels’. The indicative transport pathway includes expected emissions reductions across transport of [...]
Think tank calls for a drone minister to unlock sector’s dividends October 20, 2021 UK think tank the Entrepreneurs Network has called on the UK Government to appoint a drone minister to oversee the sector’s growth and unlock its potential. “Our recommendation to create a junior ministerial role with specific responsibility for the drone economy comes from a desire to see this exciting and important sector treated with due [...]
Easyjet goes into the lounge business at Gatwick’s north terminal October 20, 2021 Easyjet announced today its first lounge will open tomorrow at Gatwick airport’s north terminal. Called the Gateway, the space was developed in collaboration with lounge company No1 Lounges. With prices starting at £18.50, the space will allow all travellers – regardless of airline ticket – to eat, drink and work before their flight for one, [...]
COP26: Only 3 per cent of UK’s small businesses measure carbon footprint October 20, 2021 A tiny 3 per cent of smaller businesses said that they have measured their carbon footprint at any point in the last five years and set an emissions reduction target. In fact, the UK’s small businesses are responsible for nearly a third of the country’s greenhouse gases, yet are falling behind their larger counterparts in [...]
‘Misleading’ British Gas ads pulled after customers wait months for new boiler October 20, 2021 Two TV ads showed in February dark and freezing homes, followed by someone using the British Gas mobile app and then a voice-over saying: “Because with British Gas HomeCare cover, all parts and labour are included. Problem solved.” Now these British Gas ads for its HomeCare Cover service have been banned for the misleading suggestion [...]
Brits brace for £23 per week jump in cost of essentials as two-thirds fear inflation October 20, 2021 UK households expect to cost of essentials such as food, non-alcoholic drinks, electricity, gas and motor fuel to rise as much as £23 per week by the end of the year according to new research shared with City A.M. this morning. More than 4 in 5 (84 per cent) UK households expect the cost of essentials [...]
Brexit and pandemic: Number of lorry drivers in UK down by record 53,000 October 20, 2021 New figures have shown that the number of lorry drivers the UK has dropped by 53,000 over the past four years, with the fall the largest among middle-aged hauliers, according to official figures. The Office for National Statistics (ONS) said analysis of the annual population survey has revealed an estimated 17% plunge in the number [...]