Train strikes: Disruption set to cost hospitality £540m and have ‘catastrophic’ impact on night economy June 20, 2022 This week’s rail and tube strikes are set to cost the hospitality sector £540m, as the nighttime economy will suffer a “catastrophic impact”. Trade union action on the transport network this week will “set back the recovery of our high streets and deter people from going out in the evening”, leading to hundreds of million [...]
Insurance giant Axa calls for clarity on self-driving cars June 16, 2022 French insurer Axa has called on the government to offer greater clarity around autonomous vehicles to support the rollout of self-driving cars. The French insurance firm called on the government to put in place laws that enable the deployment of self-driving vehicles, as it said lawmakers should work with the insurance sector to “pave the [...]
Go-Ahead shares fly after transport giant agrees £650m takeover by little-known Australian bus firm June 14, 2022 Shares of transport giant Go-Ahead are skyrocketing this morning after the company agreed to a £650m takeover by a consortium including an Australian bus operator. The UK-listed company, which runs London’s red buses on behalf of Transport for London, saw shares rise by almost 14 per cent to 1,540p this morning. It came after Go-Ahead [...]
‘Summer of discontent’ looms as THIRD rail union threatens to strike and plunge country into travel mayhem June 10, 2022 The country has been plunged into further travel mayhem with rail drivers union TSSA set to join the train alongside RMT and Aslef. The organisation served notice to ballot hundreds of staff for strike action at Avanti West Coast, over pay, conditions and job security. Transport and Salaried Staffs’ Association (TSSA) General Secretary Manuel Cortes [...]
Truck makers ‘cartel’ to face landmark £2bn opt-in lawsuit over decade long price fixing scheme June 9, 2022 A UK competition tribunal has given a trucking industry trade body the green light to bring forward a more than £2bn opt-in claim against a “cartel” of European truck makers, over allegations they fixed the prices of lorries for more than a decade. The UK’s Road Haulage Association (RHA) trade body’s claim is set to [...]
During Platinum Jubilee weekend London Underground returned to pre-pandemic passenger levels for first time June 8, 2022 Londoners returned to the Underground in record numbers last weekend for the Platinum Jubilee, with passenger numbers exceeding pre-pandemic levels for the first time in more than two years. Figures released by the Department for Transport today show tube-users were up 118 per cent and 108 per cent on 2 and 3 June, representing a [...]
Mystery deepens as Brit vanishes deep in Brazil’s Amazon rainforest after receiving death threats June 7, 2022 It is increasingly unclear what has happened to British journalist Dom Philips, who went missing in de Amazon rainforest on Sunday. Phillips, 57, and Bruno Araújo Pereira, a Brazilian adviser at the Univaja association of people in the Vale do Javari Indigenous territory, were last seen early on Sunday in the Sao Rafael community, according [...]
Post-Jubilee hangover on Monday from hell: ‘Fed up’ Londoners to work from home as tube strike brings city to standstill June 6, 2022 Travel chaos looms for millions of Londoners planning to return to work today after the long Bank Holiday break because tube stations across London are closed because of a strike. London Underground advised people not to travel, warning of severe disruption across the network from the start of service on Monday to 8am on Tuesday. [...]
Cars should be banned from parking on pavement because of ‘discriminatory’ impact May 18, 2022 Cars should be banned from parking on the pavement because of the “discriminatory impact” the practice has on people, according to a report published today. Commissioned by sustainable transport charity Sustrans, the study highlights that people are put off walking because of the large amounts of cars parked on the pavement. Around 70 per cent [...]
Transport for London debt downgraded by ratings agency due to “uncertain” financial future May 9, 2022 A MAJOR ratings agency has downgraded Transport for London’s (TfL) debt due to the “uncertainty” of its long-term funding, in a further sign of the financial difficulty the operator finds itself in. Moody’s announced it had downgraded TfL’s long-term debt as a result of weaker economic growth and higher inflation delaying the service’s return to [...]