Birmingham Airport to finally shake off demise of Thomas Cook and Flybe October 10, 2024 Birmingham Airport has said it is finally set to shake off the demise of Thomas Cook and Flybe as well as the impact of the Covid-19 pandemic. The transport hub increased its passenger numbers to 98 per cent of pre-pandemic levels in 2023, up from 86 per cent in 2022, and is now forecasting it [...]
Uber Boat by Thames Clippers returns to profit October 10, 2024 The company behind Uber Boat by Thames Clippers in London, returned to profit in 2023, it has been revealed. Collins River Enterprises has reported a pre-tax profit of £5.4m for the 12 months, having made a pre-tax loss of £4m in 2022. It is the first time that the business has reported a pre-tax profit [...]
London Underground: Tube strikes loom as workers to vote on walk-outs October 8, 2024 London Underground workers are being balloted on Tube strikes over pay and conditions amid a dispute with Transport for London (TfL). Members of the Transport Salaried Staffs Association (TSSA) in jobs including customer service and advising passengers in stations are being asked if they want to strike. The ballot closes on 18 October and also [...]
HS2 will reach Euston, transport secretary signals October 8, 2024 Transport secretary Louise Haigh has given the strongest signal yet that HS2 will reach London’s Euston station, ahead of an announcement she said would be coming soon. The Cabinet minister said an announcement on the project could occur during the Budget on Wednesday, 30 October. Speaking to Times Radio this morning, Haigh said: “We’ve said [...]
Honda in the red despite ‘fun’ motorcycles helping to boost European sales by £1bn October 8, 2024 The increasing popularity of ‘fun’ motorcycles helping to boost Honda’s European sales by almost £1bn failed to stop the brand falling into the red during its latest financial year. The Berkshire-headquartered European division achieved a revenue of £4.498bn for the year to 31 March, 2024, up from the £3.523bn it reported for the prior 12 [...]
London City Airport back in the black after losing almost £100m October 7, 2024 London City Airport returned to the black for the first time since the Covid-19 pandemic as passenger numbers continued to recover. The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months. London City Airport had last [...]
Ringgo: Sales and profit rise as motorists ditch cash to pay for parking September 30, 2024 The number of motorists using pay by phone parking service Ringgo passing 10m helped both its sales and profit increase during its latest financial year. The Basingstoke-headquartered business has reported a turnover of £29.9m for 2023, up from the £25.8m it achieved in 2022. Newly-filed accounts with Companies House also show the firm’s pre-tax profit [...]
M6 Toll owner rakes in the profit after price rises September 13, 2024 Profit at the company behind the M6 Toll road accelerated to almost £30m thanks in part to prices being raised in 2023, it has been revealed.
Heathrow: Passenger numbers soar as boss hails ‘busiest summer’ September 11, 2024 Heathrow Airport has reported a fourth consecutive month of record-breaking passenger traffic in what has proved one of the UK’s busiest ever summers for travel demand. Some 8m travellers passed through in August, up 5.5 per cent year-on-year and bringing the West London hub’s rolling 12 month total to 82.6m. Heathrow said it was “on [...]
The Notebook: Is Wapping the best place in London? September 11, 2024 With its cobbled streets, unspoiled apartment blocks and tall warehouse conversions with painted shutters, Wapping is a vision of a Victorian past.