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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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Transport & Infrastructure

  • Private landowner sends Lime an £8k bill as e-bike row escalates

    December 16, 2025

    A London property firm has invoiced Lime nearly £8,000 for removing, storing and returning dockless e-bikes left on its private land, City AM understands, amid struggles to contain the capital’s bike clutter problem. Russell Gray, director of property firm Shiva Ltd, personally returned around ten Lime bikes to the firm’s depot on Thursday, handing staff [...]

  • Gatwick blames mega hike in drop-off fee on business rates spike

    December 12, 2025

    Gatwick is set to increase its drop-off fee from £7 to £10, setting the blame squarely on a coming hike in business rates. The new price, which will see Gatwick become the UK’s most expensive airport to drop off passengers, will be implemented from January 6. A spokesperson for the airport said the fee increase [...]

  • Sadiq Khan has derailed Labour’s nationalisation plans

    December 11, 2025

    How is Keir Starmer’s plan to renationalise Britain’s railways going? Badly, if events in London are anything to go by. Yesterday we learned that Transport for London has awarded a £3bn, 10-year contract to First Group to operate the London Overground when the current contract with Arriva expires next year. That’s in direct conflict with [...]

  • Labour rail pledge in doubt after £3bn private contract to run London Overground 

    December 11, 2025

    London Mayor Said Khan has caused a row within the Labour party after First Group was awarded a £3bn deal to operate the London Overground, a move which seemingly flies in the face of Labour’s manifesto commitment to bring railways back into public ownership.  On Tuesday the London-listed transport group revealed that it would begin [...]

  • Brits may have to hand over social media profiles to visit US

    December 10, 2025

    US officials will vet the social media activity of Brits travelling into the US as President Trump increasingly turns his fire on a “decaying” and “weak” Europe.   Those planning to visit on short term Esta visas would have to give personal details of family members, including dates and places of birth, and phone numbers used [...]

  • Bolt targets 100,000 driverless cars by 2035

    December 9, 2025

    Bolt is accelerating its self-driving mission with a new hardware partnership with Stellantis, it was announced on Tuesday. Together, both firms will deploy 100,000 autonomous vehicles on its platform within the next decade. Trials are to kick off across European hubs from 2026, placing the mobility platform ahead in the AV race. The deal will [...]

  • Toyota warns of ‘challenging road ahead’ after profit falls £100m

    December 3, 2025

    The UK manufacturing arm of Toyota has warned “the road ahead may be challenging” after its profit slumped by more than £100m during its latest financial year. The division of the Japanese giant said the “uncertainties of the automotive industry and infrastructure to support vehicle type” were the main factors behind its pessimism. However, Toyota [...]

  • Zipcar UK to shut operations ahead of new London EV Congestion Charge

    December 1, 2025

    Zipcar has reached the end of the road in the UK after its US owner pulled the plug on operations in the run up to the introduction of fresh London Congestion Charges for electric vehicles. The car hire business has begun a formal consultation with employees in the UK and will stop taking new bookings [...]

  • Autumn Budget: Pay-per-mile tax ‘completely wrong move’

    November 26, 2025

    Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile tax for electric vehicles (EVs) at today’s Budget, which she framed as a fairness measure to balance the costs facing drivers.  The OBR, the independent fiscal [...]

  • Lime squeezes London riders with quiet price hike

    November 24, 2025

    Lime has quietly raised the cost of its London e-bike rentals, City AM understands, increasing its per-minute rate from 29p to 31p, a seven per cent jump, without notifying customers. The price of its 30-minute ride bundle has also risen sharply from £3.99 to £4.49, an increase of just over 12 per cent. For regular [...]

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