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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HS2’s northern leg scrapped: What’s being planned instead – and has London been snubbed?

October 5, 2023

It seemed unthinkable not long ago, but Rishi Sunak scrapped the Manchester leg of HS2 – and said it will be replaced by hundreds of new projects. The scrapping means everything past the London to Birmingham leg, which is already under construction, will be torched, with the PM citing ballooning costs for pulling the plug. [...]
Long time Rolls-Royce CEO Torsten Müller-Ötvös to retire

October 5, 2023

Rolls-Royce Motor Cars has announced that chief executive Torsten Müller-Ötvös will retire, bringing to an end a 14-year stint at the helm.
New car market revs up in September but experts warn EV demand to slip on petrol ban U-turn

October 5, 2023

New car registrations soared last month, as pent-up demand for new vehicles helped the auto sector motor towards its 14th consecutive month of growth.
Metro Bank shares tumble on reports it needs £600m to shore up balance sheet

October 5, 2023

Metro Bank shares tumbled by more than 20 per cent this morning after reports that the challenger is in talks to raise hundreds of millions of pounds in an effort to shore up its balance sheet. Metro has reportedly hired bankers at Morgan Stanley and Moelis to raise £600m in extra financing, which includes £250m [...]
Student housing provider Unite names new chief executive

October 5, 2023

Student housing provider Unite has announced that chief executive Richard Smith is stepping down after seven years leading the business. Smith, 49, will be replaced by Joe Lister, who has been chief financial officer since 2008. He will take the helm on 1 January. Smith’s tenure saw the company expand significantly, with 157 properties now [...]
Pendragon shares tumble after Hedin drops takeover bid

October 4, 2023

Pendragon shares slumped over six per cent this afternoon after a joint takeover bid for the company was taken off the table. Hedin Mobility Group and Penske Automotive Group confirmed on Wednesday afternoon they do not intend to make an offer, ending their part in a three-way bidding war for one of the UK’s largest [...]
Vertu Motors on hunt for more acquisitions after record revenues and bumper dividend

October 4, 2023

Vertu Motors boss Robert Forrester has said the car dealership is pursuing more acquisitions after it reported record revenues and a bumper dividend in its interim results. Speaking to City A.M. following the announcement, Robert Forrester said the company had a “pipeline” of acquisitions and was working closely with manufacturers “wherever they want us to [...]
Hitachi’s £1.5bn Thales tie-up gets green light from CMA after proposed sell off

October 4, 2023

The UK competition watchdog has given the green light for Hitachi’s £1.5bn takeover of Thales’ rail signalling interests, after the Japanese firm agreed to sell parts of its European mainline business. The Competition and Markets Authority (CMA) launched an investigation into the deal amid concerns that it would reduce competition in the supply of rail [...]
Topps Tiles reports record £263m sales as retailer shrugs off year of soaring inflation

October 4, 2023

Topps Tiles reported a record year of sales this morning, outstripping pre-Covid figures as the group shrugged off continued inflationary pressure.
Cost of rail strikes mounts to £716m as taxpayers forced to support struggling industry

October 4, 2023

Industrial action has cost the rail industry £716m since the feud between unions and operators began, new figures have revealed.

Why 2026 is the year sport needs to confront the man vs machine question

IMG’s three sports sponsorship trends to watch in 2026

The best new films to catch in 2026, from Toy Story to Peaky Blinders

By: Guy Taylor

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