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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HumanForest strips out the ‘human’ with Forest rebrand

August 2, 2023

Popular e-bike firm HumanForest has undertaken a brand refresh, dropping the human and opting for just ‘Forest’ as it doubles the size of its dark green e-bike fleet in London. Forest said the rebrand came as the company saw bumper growth in 2023, doubling its operational zone and bike numbers in the capital amid rising [...]
Final Gatwick strikes cancelled after Unite members accept pay offer

August 2, 2023

Industrial action due to take place at Gatwick this weekend has been cancelled after the last group of union workers set to strike accepted an improved pay offer. Unite members employed by Gatwick Ground Services (GGS) today accepted an improved pay offer of 10.3 per cent. As a result, disruption that was due to hit [...]
Uber chased by HMRC for extra £386m VAT

August 2, 2023

HMRC is pursuing Uber for £386m extra in VAT, after paying £615m to resolve a tax dispute last year. In its results statement yesterday, Uber said that “UK tax authorities had disputed the amount and manner in which we were applying VAT to our UK business,” since the restructuring of its business model last March. [...]
Stansted first UK airport to hit pre-pandemic passenger highs as Europe jets off

August 2, 2023

London Stansted has become the first major UK airport to achieve above pre-covid passenger numbers in any single month since before the pandemic, with this July the third busiest in its history. According to figures shared with City A.M. total passenger numbers for the period hit 2.81m, which is 102 per cent of the volumes [...]
Ryanair smashes monthly passenger record as Europe jets off for the summer

August 2, 2023

Ryanair and Wizz Air both reported soaring passenger numbers this morning as the record breaking summer travel boom continued
War, what is it good for: BAE Systems announces bumper dividend

August 2, 2023

BAE reported profits of £1.23bn this morning and upped its dividend by 11 per cent year-on-year, as it continued to cash in on increased UK defence spending and soaring demand amid the war in Ukraine. Britain’s premier defence contractor saw an order intake of £21.1bn in the first half of 2023, resulting in a record [...]
Cazoo shares spiral despite narrowed losses

August 1, 2023

Shares in the struggling used-car retailer Cazoo tumbled on Tuesday, as investors failed to gain confidence in the firm’s restructuring and drive to rebound after last year’s crises. Losses improved by nearly 37 per cent year-on-year in the six months to June, narrowing from £241m to £151m – but this was not enough to stop [...]
Uber makes operating profit for the first time in its history

August 1, 2023

Uber reported an operating profit for the first time in its history in its second quarter results today.
Chemring shares jump on launch of £50m share buyback

August 1, 2023

Chemring today launched a £50m share buyback programme prompting shares in the British aerospace technology supplier to jump over 4 per cent. The FTSE-250 firm said it would purchase up to 28.4 million ordinary shares, with its dividend policy “unaffected.” Michael Ord, Chemring’s chief executive, said the programme would “provide us with additional flexibility to [...]
Aston Martin raises £216m to clear debts and bolster EV transition

August 1, 2023

Aston Martin said it had successfully raised £216.1m through a share placing scheme this morning, in order to pay down debts that have held back the business over the last few years and bolster its electrification strategy. The luxury marque said that just over 58 million shares had been distributed, raising proceeds of £216.1m at [...]

Wetherspoon to reveal Christmas trading amid challenging backdrop for pubs

NBA Europe open to sovereign wealth and in talks with family offices

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

By: Guy Taylor

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