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By: Edward Thicknesse

Covers transport, industry and energy. Edward tweets via @edthicknesse, and can be reached at edward.thicknesse@cityam.com

All 3077 Articles
  • Italy added to quarantine list as Crete travel ban lifted

    October 15, 2020

    Italy has been added to the UK’s quarantine list after cases surged to more than three times the set threshold for admission. From 4am on Sunday morning, people entering the UK from the country will have to self-isolate for 14 days. According to the latest figures, Italy is now reporting 64.4 cases per 100,000 over [...]

  • Virgin Atlantic launches new Manchester to India flights

    October 15, 2020

    Virgin Atlantic will launch two new routes to India from its base at Manchester Airport in the coming months. The carrier will fly three times a week to Mumbai from December and begin twice weekly flights to Delhi in January. It already flies the the two cities from its base at Heathrow Airport. Juha Jarvinen, [...]

  • Brexit: No deal could ground UK-EU flights, Grant Shapps admits

    October 15, 2020

    The transport secretary has admitted that a no-deal Brexit could lead to flights between the UK and EU grounded from the beginning of next year. Speaking at travel trade body ABTA’s virtual conference, Grant Shapps admitted that with just 78 days to go before the end of the transition period, the two sides were still [...]

  • New fighter jet can support 20,000 jobs, says BAE Systems

    October 15, 2020

    BAE Systems has said that its new fighter jet could support 20,000 jobs in the UK as it seeks to make the case for the new combat air system. The Tempest programme, which is being delivered by the FTSE 100 company alongside a consortium of defence giants, is also predicted to contribute £25.3bn to the [...]

  • Mayfair hedge fund takes £140m stake in British Airways owner

    October 15, 2020

    One of the UK’s largest hedge funds has taken out a large position in embattled British Airways owner IAG amid the worst crisis in aviation history. £35bn Marshall Wace today disclosed a three per cent stake in the airlines group, making it one of IAG’s largest stockholders. The Mayfair-based fund has previously taken out short [...]

  • National Grid launches £700m subsea power link

    October 15, 2020

    National Grid (NG) will today open its latest energy interconnector, which will provide enough clean power for 1m households. The 149-mile-long power cable, which runs between Portsmouth and Caen in France, allows the two nations to share excess zero carbon power. By the end of its first year in operation, IFA2 will have helped avoid [...]

  • HS2 costs rise £800m just weeks after construction starts

    October 14, 2020

    The cost of controversial rail link HS2 has risen another £800m, the government has admitted, just six months after the project was newly approved. Ministers said that the extra costs were related to removing more asbestos than had been expected, as well as on developing the terminus at Euston station. The increases were revealed in [...]

  • Tube journeys hit highest number since lockdown

    October 14, 2020

    There were more journeys made on the Tube last week than at any point since the beginning of lockdown in March, despite the imminent prospect of new restrictions being imposed on the capital. According to data from Transport for London, there were 1.56m such journeys made last Friday, beating the previous high of 1.52m. That [...]

  • Brexit: Portaloos to be set up in Kent for potential lorry queue chaos

    October 14, 2020

    The government will set up temporary portaloos in Kent for drivers waiting in lorry queues, after the UK leaves the EU’s customs union on 31 December. The Cabinet Office has predicted as a worst case scenario that 7,000-long lorry queues could form in Kent if businesses are not prepared for changes at the UK’s ports [...]

  • Galliford Try wins place on £600m Thames Water programme

    October 14, 2020

    Construction firm Galliford Try has won a place on two new lots on Thames Water’s new infrastructure improvement framework. The company’s environment business will work on the two projects, which could bring in as much as £240m over the next four years. The total pipeline of the project is valued at £590m, with Galliford Try [...]

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