London Southend boss: Airport testing NOW is the only way to make passengers feel safe and get UK flying again October 8, 2020 The chief executive of London Southend airport has said that the country’s airlines will only begin to recover when passengers are confident enough to fly again – and that means the government must impose a coronavirus testing regime now. Aviation leaders had hoped that ministers would announce plans to put in place an airport testing [...]
Get e-scooter trials rolling in London, ministers urged October 8, 2020 A group of e-scooter firms have joined forces to call for the government to roll out a capital-wide trial of the new transport option. In an open letter to ministers co-ordinated by think tank the Centre for London, firms such as Lime, Spin, and Voi said e-e scooters could “help create a low carbon, inclusive, [...]
Talk Talk shares leap as Toscafund makes buyout offer October 8, 2020 Shares in Talk Talk leapt 16.5 per cent after the telecoms firm revealed that it had received a buyout offer from asset manager Toscafund. The offer, which prices the internet operator at 97p per share, comes with a number of conditions attached, including the support of chairman Sir Charles Dunstone. The deal values the firm [...]
Imperial Brands revenue flat as pandemic drives smoking pick up October 8, 2020 Tobacco giant Imperial Brands said that it expected full year revenue to be broadly flat, with the pandemic driving up demand for cigarettes. In a trading update, the FTSE 100 firm said the increase in demand had offset weaker duty free sales, which fell due to the restrictions on international travel. The announcement sent shares [...]
Easyjet on track for first ever full year loss October 8, 2020 Easyjet announced this morning it is in line for a pre-tax loss of up to £845m for the full year, the first time the budget carrier will have reported an annual loss. In a trading update, the carrier said passenger numbers for the full year had halved, falling to 48m as a result of the [...]
City workers committed to the commute despite PM’s working from home u-turn, TfL data shows October 7, 2020 City workers committed to the commute despite Boris Johnson's working from home u-turn, according to new Transport for London
Barclays teams up with rugby ref Nigel Owens to launch £250m agri-tech fund October 7, 2020 Barclays has teamed up with world-renowned rugby referee Nigel Owens to launch a £250m fund to help farmers make their businesses carbon neutral. The new funding comes as research showed that 83 per cent of UK farmers said they could achieve net zero by 2035, five years before the deadline set by the farming union. [...]
Heathrow boss: PM told me airport testing will be in place ‘in October’ October 7, 2020 Boris Johnson has told the chief executive of Heathrow Airport that the UK will begin airport testing for coronavirus in two weeks time. Speaking to Travel Weekly, John Holland-Kaye confirmed that the Prime Minister said that ministers were planning to begin trials in the second half of this month. “It would take a couple of [...]
G4S hits back at Gardaworld over ‘misleading’ pension scheme claims October 7, 2020 Outsourcing giant G4S has hit back at Gardaworld after the Canadian firm stepped up its attempts to take over its larger rival. In a statement this morning, the FTSE 250 firm blasted the company over claims it made regarding the viability of G4S’ pension schemes. Having had multiple offers to take over the firm rejected [...]
Heathrow Airport begins third runway Supreme Court appeal October 7, 2020 Heathrow Airport will today begin a Supreme Court appeal over the decision to block the building of a third runway on the grounds that it did not take into account the UK’s climate pledges. Back in February, the Court of Appeal ruled that the government had failed to take the 2015 Paris climate agreement into [...]