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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UK competitiveness as base for big airlines key to unlocking £111bn by 2050, report says

August 8, 2023

The UK could benefit to the tune of £111bn and create over 629,000 local jobs by 2050 if it stays competitive as a hub for airlines to be based. Transport consultancy Steer’s report, commissioned by industry body Airlines UK, said propping up British-based carriers boosts local employment and supply chains, whilst financing public services through [...]
Hybrid working ‘big bang’ drives Regus-owner IWG’s record revenue

August 8, 2023

Booming demand for hybrid working saw workspace provider IWG, which owns Regus, net a record £1.7bn in system-wide revenue in the first half, up 16 per cent year-on-year.
Virgin Galactic is set to fly tourists to the stars – but can space tourism become more than a hobby for the super rich?

August 7, 2023

Richard Branson’s Virgin Galactic is set to launch its first tourists to space on Thursday this week. The Galactic 02 mission, which follows the successful launch of the companies’ first commercial flight in June, will carry three paying customers – an 80-year old Olympian and a Caribbean mother-daughter duo. Launching from Spaceport America in New [...]
City Airport chief: Post-Brexit London needs us to expand – and fast

August 7, 2023

London City Airport’s proposed expansion is “critically important” to keeping the capital ahead of international rivals, its chief executive has argued, as the business travel hub fights with a local council for permission to go ahead with the project. City Airport has been locked in a battle with Newham Council over plans to expand its [...]
UK minister warns semiconductor industry cannot ‘recreate Taiwan in south Wales’

August 3, 2023

The UK chip sector cannot “recreate Taiwan in south Wales,” tech minister Paul Scully has said, amid concerns that the UK has not pledged enough investment to compete internationally. Speaking to the Financial Times, Scully said that the UK must focus on advanced manufacturing and design instead of looking to out muscles rivals such as [...]
FTSE 100 close: Markets in the red as Bank of England hikes interest rates to 5.25 per cent

August 3, 2023

London’s FTSE 100 stayed in the red through most of Thursday on a day which saw the Bank of England confirm a 14th consecutive interest rate hike of 25 basis points. The capital’s premier index was down 1.27 per cent by midday and closed at -0.51 per cent. The domestically-focused mid-cap FTSE 250 index, which [...]
BMW: Shares dip on supply chain warning as carmaker lifts earnings guidance

August 3, 2023

BMW’s higher annual earnings forecast failed to chime with investors, as the carmaker warned of a hit from supply chain issues and inflation. The Munich-headquartered firm said it expected an annual EBIT margin of 9-10 per cent, up from 8-10 per cent, as it reported strong demand for vehicles and a doubling of deliveries in [...]
Wizz Air smashes passenger records as CEO predicts further summer growth

August 3, 2023

Wizz Air said it carried a record 15.3 million passengers in the three months to 30 June, up 25.5 per cent on 2022, as the ultra-low cost airline swung into profit on the back of soaring demand for travel. The historic traffic figures helped the carrier report a €79m (£68m) profit, up from a €284.5m [...]
Rolls Royce: Aviation rebound sees five-fold profit jump at engine maker

August 3, 2023

Rolls Royce reported a more than fivefold increase in half year profit this morning, as it cashed in on soaring demand for jet engines and defence technology.
Ferrari boosted by ultra-luxury consumers – but update falls flat with investors

August 2, 2023

Ferrari upped its forecasts for the year ahead on Wednesday, as the luxury carmaker benefitted from cash-rich consumers’ ambivalence to challenging economic conditions. The luxury carmaker reported revenues of 1.47bn (£1.26bn), up 14.1 per cent year-on-year and an adjusted Ebitda of €589m (£507.2m), up 31.9 per cent. For the year ahead, it is anticipating modest [...]

Kemi Badenoch joins protesters calling for Government to stop China mega-embassy

The Jenga Effect: Why professional rugby’s collapse has already happened

Ariana Grande tickets for London musical ‘could easily go over £300’

By: Guy Taylor

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