Reeves won’t rule out extending income tax threshold freeze June 4, 2025 Rachel Reeves has vowed not to repeat the scale of tax rises in last year’s Autumn Budget as businesses brace for further hikes to meet the chancellor’s wafer-thin fiscal headroom. As much as £40bn in tax rises was unveiled in the budget, including huge hikes to employer National Insurance Contributions, which added millions of pounds [...]
Spending review: Rachel Reeves pledges £15.6bn for regional transport June 4, 2025 The government has made its biggest spending announcement since Labour’s drubbing at the local elections in May, with a pledge from Chancellor Rachel Reeves to double investment in local transport over the next five years. A £15.6bn cash injection will form a major pillar of the 11 June spending review, which the Treasury says would [...]
Gatwick: Boss of worst airport for flight delays promoted May 30, 2025 London Gatwick Airport has named a new top boss after its long-serving chief executive was promoted to a newly created position. Stewart Wingate has served as the airport’s CEO for the last 15 years but has now been named as managing director, UK airports, for Vinci Airports and Global Infrastructure Partners. Vinci Airports owns a [...]
Heathrow ‘responded well’ to power outage despite sleeping CEO, report says May 28, 2025 Heathrow Airport “responded well” to the power outage incident in March despite its chief executive sleeping through a key decision on whether to stop operations, an internal review, commissioned by the airport, found. More than 200,000 passengers around the world faced disruption as Heathrow opted to stop operations following a fire at the nearby North [...]
Uber Boats by Thames Clippers nets £59m from Natwest and Santander May 19, 2025 Uber Boats by Thames Clippers has secured £59m in funding from Natwest and Santander after experiencing a surge in passenger numbers since the Covid-19 pandemic. The London river transport provider said the joint funding package would support plans for new vessels, pier upgrades and improvements to dry docking facilities. “It’s vital that we have funding [...]
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 [...]