Anglo American South African coal mines are ‘worthless’ says researcher in scathing attack June 6, 2021 Anglo American’s South African coal mines are “worthless,” according researcher Boatman Capital, which published a 39-page dossier on the company that also accused the mining giant of greenwashing. The dossier alleges clean-up costs for Thungela Resources could be three-times greater than the amounts currently disclosed to investors, the Telegraph reported. Anglo American will demerge with [...]
Travel rule changes ‘inconsistent’, says airline boss June 5, 2021 There is “no consistency” and a lack of transparency over UK travel rules, a top airline chief has said, after Portugal was removed from the green list. Tim Alderslade, chief executive of Airlines UK, accused ministers of reneging on a promise to provide a travel watchlist that would warn when a country’s status could be [...]
UK holidaymakers scrambling for flights home face exorbitant prices to beat quarantine deadline June 4, 2021 British tourists and holidaymakers scrambling for flights home from Portugal before new quarantine requirements come into force are being charged hundreds of pounds. People arriving in the UK from Portugal after 4am on Tuesday will need to self-isolate at home for 10 days after the Government moved it from the green list to the amber [...]
Portugal debacle shows traffic light system risks another chaotic summer June 4, 2021 There was something inevitable about the government’s decision to remove Portugal from the UK’s quarantine-free travel list last night. Despite hopes that more countries could be added to the list, by the afternoon, holidaymakers, airline bosses and travel firms were once again facing the realisation that their best laid plans had once again been trampled [...]
Airline stocks dive and bosses fume after Portugal axed from UK travel ‘green list’ June 4, 2021 Airline stocks dropped as London’s markets opened for trading today after the government removed the one popular holiday destination from its travel “green list”. Wizz Air led the fallers on the FTSE 250, dropping 3.5 per cent by the mid-afternoon, while Easyjet shed 1.9 per cent. Easyjet had added hundreds of extra flights to Portugal [...]
Number of Tube journeys rises again as reopening continues June 4, 2021 The number of Tube journeys rose five per cent last week as more and more people continued to head back to workplaces, shopping districts and hospitality venues. Last Thursday there were 1.89m underground journeys made in total, up from 1.78m the week before. Once again, that is the most journeys to be made in a [...]
EU to ban Belarus airlines from airspace June 4, 2021 EU ambassadors have today agreed a plan to ban Belarus airlines from flying over EU territory or landing in EU airports. The decision will come into effect at midnight Central European Time (CET), barring any surprise last-minute objections by EU states, three diplomats told Reuters. The EU is also strongly recommending that EU airlines do [...]
UK car sales up eightfold as market recovers from last year’s skid June 4, 2021 UK car sales increased eightfold last month compared to a year ago as customers continued to return to showrooms and garages. There were 156,737 new cars sold in May, up from a mere 20,247 in the same month in the previous year, when showrooms were closed due to lockdown. However, the statistics, which are compiled [...]
TfL funding uncertainty puts vital HS2 link ‘at risk’ June 4, 2021 Vital London transport projects, including a new rail branch deemed vital to the success of HS2, may have to be mothballed due to continued uncertainty over Transport for London’s future funding. Earlier this week the government gave the transport network yet another short-term deal, worth around £1.1bn, much to TfL’s dismay. But now a new [...]
London to New York in 3.5 hours? United Airlines inks deal with Boom to make it happen June 3, 2021 New York to London in 3.5 hours? United Airlines inks deal with Boom to make it happen