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      Independent review to probe ‘crisis of opportunity’ in youth inactivity

      LONDON, UNITED KINGDOM - JANUARY 31: The Shard is seen on the horizon as commuters cross London Bridge during the morning rush hour on January 31, 2023 in London, United Kingdom. The IMF reports that the UK economy will contract by 0.6% in 2023, as opposed to the previous prediction it might grow, and will perform worse than many other advanced economies, including Russia.The cost of living continues to hit households with grocery inflation for the first four weeks of 2023 rising to 16.7% which would add a further £788 per year to family food bills. (Photo by Leon Neal/Getty Images)

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Take 2 mins to learn more at www.coinbase.com/uk-fca-info

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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All 1766 Articles
  • Jaguar Land Rover confirms Mardell as new chief executive

    July 20, 2023

    Jaguar Land Rover has appointed interim chief executive officer Adrian Mardell to the top job permanently, the company announced today. Richard Molyneux, who has served as acting chief financial officer since December, has also been permanently appointed to his role. Jaguar veteran Mardell, who was previously the firm’s CFO, was appointed as interim boss last [...]

  • Lotus Cars to slash 200 jobs amid heavy annual losses

    July 20, 2023

    Lotus Cars will cut up to 200 jobs from its workforce as it looks to restructure its business following huge losses announced earlier in the week. Lotus – who are owned by the Chinese carmaker Geely – reported pretax losses of £141.1m for 2022 on Monday, largely as a result of supply chain issues. In [...]

  • More business groups back London City Airport expansion after council blocked growth plans

    July 20, 2023

    More business groups have come out in support of City Airport’s expansion plans after they were blocked by a local council. Early last week, Newham Council voted to oppose City Airport’s proposals, which would have created nearly 4,000 jobs and upped passenger capacity by two and a half million at the east-London hub. The airport [...]

  • Pendragon reports strong first half results but rate hikes spark concern

    July 20, 2023

    Pendragon said this morning it expects pretax profits to rise nine per cent for the first half of 2023, on the back of a strong performance from its motor division. In a trading update, the Nottingham-based motor dealership – which is behind brands including Evans Halshaw and Stratstone – said it expects underlying profit before [...]

  • UK could pay up to £500m in subsidies to support new Jaguar Land Rover battery plant

    July 20, 2023

    The UK could pay as much as £500m in subsidies to Tata Group to support its £4bn investment in a new battery plant in Somerset that would supply a new range of electric Jaguar and Land Rover models. Tata Group – the Indian conglomerate who own Jaguar Land Rover (JLR) – announced yesterday that it [...]

  • Easyjet profit flies on soaring summer demand as pandemic recovery continues

    July 20, 2023

    Easyjet has swung to a record pre-tax profit of £203 million, up from a £114 million loss the previous year, on the back of soaring travel demand and high ticket fares. For the three months leading up to June, the budget airline said revenues hit £2.3 billion, up 34 per cent year-on-year and giving a [...]

  • Lime bike use soaring in London with 12 million rides since 2019

    July 20, 2023

    Lime has seen soaring demand for its e-bikes in London with over 12m rides since 2019 and an average monthly increase of 10 per cent, it has been revealed. Londoners have travelled nearly 30m kilometres using Lime’s e-bikes since 2019, according to a new report from the transport consultancy Steer, commissioned by the e-bike and [...]

  • UK car insurance costs jump 40 per cent hitting all-time high

    July 19, 2023

    The cost of car insurance has risen to an “all-time high” with motorists shelling out a record 40 per cent more for insurance premiums than last year, new data reveals. On average, UK drivers are now paying £776 to insure their cars, up from £222 one year ago, according to Confused.com and Willis Tower Watson’s [...]

  • Confirmed: Jaguar owner Tata to build £4bn battery factory in the UK

    July 19, 2023

    Jaguar Land Rover’s owner has confirmed it will invest £4 billion to build a gigafactory in the UK, in a major boost for the British automotive sector and following months of speculation. Tata Group – the Indian conglomerate who have owned JLR since 2008 – said that its investment in the new 40GWh battery plant [...]

  • Easyjet: Can the budget airline quell investors’ fear of strikes and cancellations?

    July 16, 2023

    EasyJet shareholders will be looking ahead with bated breath this week, with the budget airline set to unveil its third quarter trading performance on Thursday. EasyJet shares have plateaued following a flying start to the year, with concerns peaking amid an announcement earlier this week that nearly 2,000 of its flights would be cancelled over [...]

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