Missed the spark: Volkswagen share price dips following ‘Voltswagen’ April Fool’s joke April 1, 2021 Volkswagen’s share price fell today after the American arm of the company issued a false announcement claiming it was changing its name to ‘Voltswagen of America’. The stunt, which came just ahead of April Fool’s Day, was meant to call attention to its electric vehicle efforts. But the joke fell flat on social media, with [...]
Uber Boat chosen by TfL to run Hammersmith Bridge ferry service March 30, 2021 Uber Boat has been chosen by Transport for London (TfL) to run a Thames ferry service alongside the closed Hammersmith Bridge. The boat service, operated by Thames Clippers, will take up to 800 cyclists and pedestrians across the river at a time between 6am and 10pm daily. Uber’s ferry service is expected to be up [...]
Suez Canal latest: Questions swirl about Ever Given’s grounding as ship is on its way March 30, 2021 Experts boarded the colossal container ship Ever Given this morning, which had been stuck sideways for nearly a week in the Suez Canal before it was dislodged last night. Questions swirl about the grounding that had shaken the global shipping industry and clogged one of the world’s most vital waterways. The Ever Given was safely [...]
Jet-set: Private jet sales caught a tail-wind in 2020 despite Covid grounding most travel March 29, 2021 Jet-set: Private jet sales caught a tail-wind in 2020 despite Covid grounding most travel
Boris Johnson rules out travel ban exemption for family visits March 29, 2021 Prime Minister Boris Johnson today ruled out an exemption to travel restrictions for people visiting family abroad, saying there would be only one set of rules for international travel. During today’s press conference the prime minister was asked whether trips abroad to see family could be exempt from the current travel ban, similar to exceptions [...]
Lib Dem mayoral candidate blames ‘toxic’ Sadiq Khan for failure to get long term TfL funding deal March 29, 2021 Transport for London (TfL) has failed to get a long term funding settlement over the past year due to Sadiq Khan’s “toxic” relationship with central government, according to Liberal Democrat mayoral election candidate Luisa Porritt. Porritt, the Liberal Democrat leader in Camden council, told City A.M. in a wide ranging interview that the government’s willingness [...]
Shaun Bailey matches Sadiq Khan pledge to rollout 4G on the Tube network March 29, 2021 Conservative mayoral candidate Shaun Bailey has today matched a pledge by Sadiq Khan to rollout 4G across the entire London’s Tube network, which would give commuters access to internet data on their phones for complete journeys. Green party candidate Sian Berry also backed the proposal, saying she had long pushed for 4G on the whole [...]
‘Holiday at home’ tourism minister tells Brits as UK Government cautions against summer travel March 29, 2021 'Holiday at home' tourism minister tells Brits as UK Government cautions against summer travel
City of London Corporation unveils plans to pedestrianize areas around Bank Station March 29, 2021 The City of London Corporation has today unveiled proposals to pedestrianize areas around Bank Tube Station to make the busy junction safer for walkers and cyclists. Under the plans revealed this afternoon, Threadneedle Street could be closed for motor vehicles between Bank Junction and Bartholomew Lane in both directions to create a walking and cycling [...]
Cazoo confirms it will go public in merger with US SPAC March 29, 2021 Cazoo has agreed to a deal with a New York-listed SPAC in a deal which values the online used car platform at $7bn. The company, which was founded by serial entrepreneur Alex Chesterman in 2018, will merge with Ajax I, a blank-cheque vehicle led by billionaire investor Dan Och. The deal, which will see Cazoo [...]