‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
ULEZ: Only two per cent of scrappage scheme vans replaced by electric June 26, 2024 Of the 16,207 approved applications to scrap a petrol or diesel van between January 2023 and May 2024, only 372 were replaced with an EV.
London Underground: Sadiq Khan’s Friday travel discount fails to reverse work from home trend June 26, 2024 The trial was posited as a possible solution to the huge decline in commuting numbers seen across the underground due to home working.
Carnival sails ahead as cruise demand grows June 25, 2024 Carnival has posted record operating income and revenue despite the closure of Baltimore port following the collapse of the Francis Scott Key Bridge.
Stellantis: Vauxhall owner threatens to quit UK over ‘stupid’ EV sales mandate June 25, 2024 Maria Grazia Devino, UK managing director, warned the carmaker would make a decision in "less than a year" on the future of its plants.
Vertu Motors warns of volatility in new car market despite ‘positive’ trading June 25, 2024 Vertu chief executive Robert Forrestor said he was "pleased to report that trading remains positive" despite concerns over the ZEV mandate.
Airbus shares plummet after planemaker fails to capitalise on Boeing woes June 25, 2024 Airbus shares rose as the crisis at Boeing kicked off in January. But now it looks like the hype may have been overblown.
Evri to swap cars for bikes in £19m sustainability drive June 24, 2024 It comes amid rumours that Evri’s private equity owners are prepping a mega £2bn sale of the company.
Wizz Air faces shareholder row over £15m exec payout plan June 23, 2024 Wizz Air is facing yet another shareholder row over plans to pay out millions to top executives without any performance strings.
Uber faces £1bn VAT showdown with HMRC June 23, 2024 Despite achieving its first full-year profit in February, Uber swung to a net loss of $654m (£524m) in the first quarter of this year.
London black cabs to return to Bank Junction following vote June 20, 2024 The decision will come into effect in Spring 2025 subject to approval from Transport for London (TfL).