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      HSBC set to launch $1bn buyback despite revenue miss

      HSBC could be set to follow peers Lloyds and Barclays in a push back to the office.

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Transport

  • Trainline hits out at tube strikes and fare freeze as growth stalls

    September 11, 2026

    Trainline has hit out at tube strikes and the government’s freeze on rail fares, as the train ticketing platform saw sales growth grind to a halt. The FTSE 250 firm posted flat ticket sales in the six months to August, at £2.1bn, blaming “the impact of the regulated fare freeze, additional disruptions from hot weather [...]

  • Sadiq Khan urged to end London’s e-bike ‘patchwork’

    September 10, 2026

    Sadiq Khan has been urged to speed up plans for a London-wide e-bike licence, as Forest warned spiralling council fees and a regulatory “patchwork” risk forcing operators from the capital. In a letter to the mayor seen by City AM, the London-based e-bike operator said delays to Transport for London’s new licensing regime were threatening [...]

  • Stansted Airport owner hit with cyber attack as millions of customers’ data stolen

    August 27, 2026

    The owner of London Stansted has been targeted in a cyber attack that has led to customers data being stolen. Manchester Airport Group (MAG), which runs Stansted, East Midlands and Manchester Airport, said on Thursday customers’ email addresses, phone numbers, vehicle registrations and postcodes had been seized in a “cyber security incident by an unauthorised [...]

  • Gatwick takes ‘significant’ passenger hit from Iran war

    August 26, 2026

    Gatwick has suffered a “significant” decline in passenger numbers as a result of the Iran war after airlines cancelled flights to the region and holidaymakers swerved destinations like Cyprus, Greece and Turkey. The UK’s second-biggest airport saw total passenger numbers drop by nearly five per cent because of the Middle East conflict, weighing on revenue [...]

  • Robotaxi rules row drives Waymo-Uber rift ahead of London launch

    July 28, 2026

    A row over how robotaxis should be regulated has become one of the main reasons relations between Waymo and Uber have deteriorated, sources familiar with the matter told City AM, as the companies prepare to launch rival autonomous taxi services in London. At the heart of the ride-hailers’ dispute is whether new rules should favour [...]

  • Andy Burnham should show London he cares by funding this one transport project

    July 23, 2026

    The ascendancy of the ‘King of the North’ has spooked London. James Ford outlines that this can easily be fixed by greenlighting the West London Orbital Railway London is anxious. The new Prime Minister is not just something of an unknown quantity, but – worse still – he is (whisper it quietly) Northern. Now, we’ve [...]

  • I was on the Goodyear blimp above London – here’s what it was like

    July 10, 2026

    Unless you’ve fully committed to hiding from the heatwave, you’ve probably noticed the return of the iconic Goodyear blimp, which has been cruising above the London skyline for the first time since 2022. With a capacity of just 14, getting a seat beneath its 75 metre balloon has been like finding a golden ticket to [...]

  • Bolt eyes former Zipcar customers with London car-sharing push

    July 10, 2026

    Bolt is expanding into UK car sharing through a new partnership with Hiyacar, as the ride-hailing giant looks to fill the gap left by Zipcar’s withdrawal from London. From autumn, Londoners will be able to book Hiyacar vehicles directly through the Bolt app without paying a membership fee, marking the first UK launch of Bolt [...]

  • Easyjet proves too tempting a bargain for gatecrasher Apollo

    July 10, 2026

    Apollo has gatecrashed Castelake’s cut-price Easyjet bid – setting up a potential buyout behemoth battle for the skies, writes Ali Lyon, Stelios Haji-Ioannou, the colourful force behind London’s Easyjet, founded his low-cost carrier on a simple philosophy: promise travellers cheaper fares, and open up budget air travel for millions of customers who for decades had [...]

  • Brits wary of EU summer hols as officials refuse to ease new border checks

    July 7, 2026

    The European Union has refused to suspend its divisive new border checks despite admitting that it has found 20 “difficult spots” causing queuing chaos. The EU has said it will stand by its new Entry/Exit System (EES), a biometric border regime whose botched rollout has threatened to ruin thousands of summer holidays. Officials admitted that [...]

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