Future of UK Nissan factory uncertain amid global plant closures May 13, 2025 Nissan is addressing the future of its Sunderland factory after confirming plans to slash 20,000 jobs worldwide and cease operations at nearly half of its production facilities. The Japanese carmaker on Tuesday said it would consolidate its vehicle production plants from 17 to 10 by fiscal year 2027. Nissan currently employs around 6,000 workers at [...]
Campaign group threatens transport secretary with legal action over Luton Airport expansion May 7, 2025 Legal action has been threatened against the government over the major expansion to London Luton Airport as a campaign group signals a judicial review
City of London elects new planning and transport committee chair May 6, 2025 The City of London Corporation has appointed Tom Sleigh as chair of the Planning and Transportation Committee, succeeding Shravan Joshi MBE. Joshi has taken on the role of the Committee’s deputy chair uncontested, replacing Graham Packham. Sleigh, who has represented the ward of Bishopsgate since 2013, said it was a “privilege to be elected… at [...]
Jaguar Land Rover reboots US car exports despite tariff woes May 3, 2025 Jaguar Land Rover has begun sending cars to the US again after halting shipping on the back of President Donald Trump’s trade war. The first batch of vehicles headed to the US in nearly a month shipped out from the UK on Wednesday, as first reported by The Times. The British firm paused deliveries across [...]
Branson-backed bike sharing firm Beryl more than doubles losses April 24, 2025 Losses at Beryl, a bike sharing company backed by two of Sir Richard Branson’s children, have more than doubled despite an uptick in its turnover. In accounts filed almost four months late with Companies House, the business has posted a pre-tax loss of £7.5m for the 12 months to 31 March, 2024. That total compares [...]
Plans for new £100m train station approved April 22, 2025 Plans to build a new £100m train station in Liverpool have been given the green light in a major upgrade to the city’s transport infrastructure. The station has been earmarked for the city’s Baltic Triangle district and was backed by Liverpool City Council’s planning committee. The proposals are the first of four new stations planned [...]
Polestar takes advantage of Tesla sales slump April 10, 2025 Polestar is benefitting from Tesla’s well-publicised slump as it revealed a huge growth in global sales for the first three months of 2025. The Swedish company, which is listed on the US Nasdaq, has sold an estimated 12,304 cars since the turn of the year, 76 per cent up compared to the same period in [...]
Aston Martin to accelerate bonuses after struggling to attract top talent March 26, 2025 Aston Martin is planning to pay its top bosses more than its fellow FTSE 250 companies after having struggled to attract talent in recent years. The Warwickshire-headquartered luxury car maker is proposing to increase the bonus opportunities for its chief executive and chief financial officer from 200 per cent to 250 per cent of their [...]
Why boss of FTSE 100 giant Auto Trader might ditch his Tesla March 25, 2025 The boss of FTSE 100 Auto Trader may ditch his Tesla in the future as rivals to Elon Musk's giant become more competitive on price.
Trainline on track for European expansion as state-backed rival nears January 28, 2025 The boss of Trainline has outlined his European expansion plans as the online ticket giant faces government-backed competition at home.