By: Guy Taylor

Transport Reporter Guy Taylor is the Transport and Infrastructure Correspondent at City A.M. He has interviewed key figures in UK aviation and rail and has a particular interest in investigative reporting. He was highly commended in MHP's 30 to watch award for young journalists in 2025.

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Defence boom will continue long after Ukraine war, says Panmure

May 19, 2025

An end to hostilties in Ukraine would only be a short-term setback for the share price of European defence manufacturers, according to analysts. The International Institute for Strategic Studies (ISS) said last week that in the case of a mid-2025 ceasefire in Ukraine, Russia could rearm and attack a Baltic state as soon as 2027. [...]
National Express owner’s new chair takes up the reins

May 19, 2025

The new chair of National Express owner Mobico faces a gargantuan task to turn around the struggling coach operator. Presenting his first trading update on Monday, Phil White insisted “considerable value and momentum” exists across the group, with a nine per cent growth in revenue indiciative of strong demand for its services. True, the company’s [...]
Ryanair profit falls as Boeing delivery delays bite

May 19, 2025

Ryanair’s annual profit dipped significantly in its latest financial period despite passenger numbers reaching record levels, as the Irish airline took a swipe at Boeing for aircraft delivery delays. Europe’s largest airline reported a 16 per cent decline in post-tax profit to €1.61bn (£1.4bn) over the 12 months ended 31 March. Ryanair blamed the drop [...]
Boss of King Charles property portfolio in talks with old firm for slice of HS2 Euston

May 16, 2025

King Charles’ property company is in talks to buy up part of HS2’s Euston site from its floundering owner, according to reports. The Crown Estate, led by Dan Labbad, is in talks with the Australian developer Lendlease for a 50 per cent stake in six major UK projects, an announcement on the Australian Stock Exchange [...]
Ofwat: Water regulator courts investors with refreshed PFI deals

May 16, 2025

Ofwat is courting investors with plans to guarantee risk and minimise competition as it looks for more than £50bn to upgrade the water sector’s second-rate infrastructure. Private investors will have the “right to collect” revenue from customers, “opportunities for upside”, “capped liabilities” and “investment positive” support from the government, according to a briefing paper seen [...]
United Utilities: Profit rises significantly as water bills hiked

May 15, 2025

Profit at United Utilities jumped significantly ahead of the FTSE 100 giant hiking water bills for its more than seven million customers, it has been revealed. The Warrington-headquartered firm, which serves customers in the North West of England, has also proposed an increase to its final dividend of 4.2 per cent to 34.6p. The company [...]
National Grid profit jumps by a fifth despite record investment

May 15, 2025

National Grid’s annual profits rose by a fifth as it lauded stable growth against a backdrop of “international economic uncertainty.” On an underlying basis, pre-tax profit increased 20 per cent to £3.7bn over the 12 months ended 31 March. Earnings per share rose two per cent to 73.3p, ahead of previous guidance. National Grid announced [...]
British execs still fly to US despite Trump turmoil, data suggests

May 14, 2025

Business travel across the pond has increased this year despite concern over policy developments under President Trump, data suggests. Data from the travel tech firm Navan, shared with City AM, shows year-to-date bookings for UK-US corporate trips have risen by nearly a quarter year-on-year. There were 8,000 corporate trips from the UK to the US [...]
Eurostar routes could see double-decker trains

May 14, 2025

Double-decker trains could be running through the Channel Tunnel in the coming years as part of proposals from the French rolling stock giant Alstom alongside Eurostar. Chief executive Henri Poupart-Lafarge told the Financial Times the trains would increase traffic on routes between London and Europe, which are traditionally operated by Eurostar. “The double-decker train has [...]
Tui shares slump as losses widen after quitting London

May 14, 2025

Shares in Tui have slumped as losses widened despite a bumper performance from its cruise segment. Underlying operating losses increased by €18m to €207m (£174.3m) even as second quarter revenue rose from nigh-on breakeven to €3.7bn. Shares were trading down around the 11 per cent mark in early deals on Wednesday. The travel operator did [...]

Center Parcs: UK pension funds in talks for stake in holiday giant

Battle of the Sexes tennis: Billie Jean King says it’s just entertainment

The Italy holiday taking in amazing skiing and a lesser-visited city

By: Guy Taylor

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