Dyson pulls plug on electric car project October 10, 2019 Sir James Dyson has abandoned his £1bn electric vehicle project after deciding the scheme is not commercially viable. Patents for the electric car, which the company hoped would compete with the likes of Tesla, were unveiled earlier this year. Read more: First details of Dyson electric car released At the time Dyson said the car would [...]
Extinction Rebellion protester lies on top of plane at London City Airport to disrupt flight October 10, 2019 Paralympian James Brown has climbed up on top of a plane at London City Airport as a part of an Extinction Rebellion protest. Video footage streamed to social media shows the man using runway stairs to climb on top of the British Airways aircraft. Brown, who is reportedly blind, apparently boarded the plane before backing [...]
London City Airport: Police and Extinction Rebellion vie for control of travel hub October 10, 2019 Extinction Rebellion protesters attempted to block the entrance to London City Airport today, as well as blockading the DLR station near the travel hub. London City Airport said that flights remain unaffected, with 60 planes having arrived and departed from the airport by 9.15am. Read more: Extinction Rebellion protesters seek to shut down City airport [...]
Will the buyout of Thomas Cook’s 555 high street stores take off? October 9, 2019 At 11.53pm on Tuesday night, the directors of family-owned Sunderland-based holiday firm Hays Travel clinched what is surely the biggest coup of their careers: buying Thomas Cook’s entire collection of high street stores. They appear to have timed their move well. Although owners John and Irene Hays wouldn’t tell reporters the price yesterday, they have doubtless [...]
Bamford closes in on Boris bus maker Wrightbus October 9, 2019 Boris bus maker Wrightbus could secure a rescue deal as Jo Bamford, a member of the family behind JCB, has entered negotiations to buy the Northern Irish firm. Bamford has entered exclusive talks about a potential deal, a fortnight after the company – which built the Routemaster buses during Boris Johnson’s time as mayor – [...]
Hays Travel to buy 555 Thomas Cook stores, providing lifeline for 2,500 former workers October 9, 2019 Thousands of former Thomas Cook employees could be in for a reprieve, after the collapsed travel giant’s retail estate has been sold to Hays Travel. The agreement will see the Sunderland-based independent travel agent pick up 555 former Thomas Cook stores around the UK. The news offers a lifeline for its 2,500 former retail employees. [...]
HS2 would drive rail price increase and shut out smaller northern cities: ASI October 8, 2019 HS2 (High Speed Rail 2) will lead to increased ticket prices and reduce train access for smaller Northern cities, according to a new study from a leading London think tank. The Adam Smith Institute’s Don’t Railroad it Through report slams the “politically motivated” project and outlines a number of alternatives it says will be cheaper [...]
Space race: Boeing invests $20m in Richard Branson’s Virgin Galactic as it prepares public listing October 8, 2019 Boeing is to invest $20m in Sir Richard Branson’s space-tourism venture Virgin Galactic, meaning it will have more money to take on rivals such as Elon Musk and Jeff Bezos in the commercial space race. Branson founded space venture Virgin Galactic in a bid to cash in on rising demand for space travel. He is [...]
Thomas Crooks: Fraudsters target refund process for collapsed airline October 8, 2019 People trying to claim refunds on flights and hotels booked with collapsed holiday giant Thomas Cook have been warned about possible fraudsters trying to get hold of their details. Britain’s aviation regulator the Civil Aviation Authority (CAA) said this afternoon it had been forced to take “urgent action” against fraudulent activity in relation to the [...]
Road to recovery? Nissan appoints Makoto Uchida as CEO to turn around stricken car maker after Ghosn scandal October 8, 2019 Nissan has named the head of its Chinese operation, Makoto Uchida, as its new chief executive, as the firm tries to put the brakes on more than a year of chaos at the firm. The 53-year-old Japanese executive has the task of turning around the stricken car maker, which has become ensnared in a combination [...]