BA Cityflyer: Profit almost doubles at London City Airport carrier Transport and infrastructure Profit almost doubled at BA Cityflyer, the main airline operating from London City Airport, in 2024 despite falling passenger numbers. The business, which is wholly owned by British Airways, has posted a pre-tax profit of £20.3m for its latest financial year, according to new accounts filed with Companies House. The latest total comes after the [...]
Norton Motorcycles: Losses pass £100m after rescue as global expansion eyed Transport and infrastructure Losses at Norton Motorcycles have passed the £100m mark since it was rescued out of administration five years ago. The Solihull-headquartered business was saved by TVS Motor Company in April 2020 for a reported £16m after having collapsed into administration a few months earlier. New accounts filed with Companies House have now revealed the iconic [...]
Eurostar ramps up plans to double capacity at London St Pancras Transport and infrastructure Eurostar has outlined proposals to double capacity at London St Pancras as it looks to tap growing demand for international rail travel. The cross-channel operator has penned a preliminary deal with London St Pancras Highspeed, formerly HS1, aimed at future proofing the popular hub against overcrowding. A three-part plan includes improving the international area of [...]
Eurostar to launch direct services from London to Frankfurt and Geneva June 10, 2025 Eurostar has announced plans to launch direct services from London to Germany and Switzerland for the first time. The cross-channel operator is looking to purchase 50 new trains at a cost of £1.7bn to service the routes, which are expected to run from the “early 2030s”. Journey times are expected to last around five hours [...]
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 [...]
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.
British wine industry calls on Eurostar to bring back Kent services January 22, 2025 Britain’s wine industry has called for Eurostar to restart services from two Kent stations to boost the South East of England’s vineyards. The high-speed operator suspended operations from Ashford International and Ebbsfleet in the early stages of the pandemic. But it has faced mounting pressure to bring back the popular routes over the last year [...]
HS2 chair to step down as cost swells to £66bn December 17, 2024 The chair of the company behind High Speed Two (HS2) is to stop down next year, it has been announced. Sir Jon Thompson has served on the board of HS2 Ltd for almost four years after first joining as a non-executive director in April 2021. He was appointed as the company’s chair in February 2023 [...]
London commuter slowdown dents growth at Great Western Railway and Heathrow Express operator December 3, 2024 Fewer London commuters slowed growth at the company behind Great Western Railway and the Heathrow Express, as delays and cancellations became more frequent during its latest financial year. First Great Western (FGW) has said that while the leisure market has “recovered strongly”, the number of commuters into London remain behind December 2019 levels despite have [...]