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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
  • Jet2 shares slump despite soaring financial performance, as boss says he will step aside

    July 6, 2023

    Leisure travel company Jet2 reported pre-tax profits of £390.8m, soaring 48 per cent from pre-pandemic levels, as it capitalised on an “enormous surge” in travel demand. The Leeds-headquartered firm reported revenues surge 40 per cent higher then pre-Covid to just over £5bn in its full year results., The company stated that consumer confidence to travel [...]

  • Petrol prices rise for first time in eight months as CMA breaths down supermarkets’ necks

    July 6, 2023

    Petrol prices rose for the first time in eight months in June just days after the competition regulator found supermarkets hiked up fuel prices last year. Unleaded increased by nearly a penny (0.7p) to 143.9p, while diesel came down by 1.2p to 145.46p at the end of month, marking eight consecutive monthly reductions, according to [...]

  • Waiting on NHS is delaying driving license applications, says DVLA boss

    July 6, 2023

    Delays in processing driving licence applications from people with health conditions are largely as a result of long waits for information from the NHS, the chief executive of the Driver and Vehicle Licensing Agency (DVLA) has said. Julie Lennard, boss of the DVLA, told the Commons’ Transport Committee: “We’re very dependent in a lot of [...]

  • New car market ‘growing back and growing green’ with EV surge – but rate hikes peak concern

    July 5, 2023

    Britain’s new car market recorded its 11th consecutive month of growth in June with registrations rising 25.8 per cent – but it might not be smooth driving in the near future. Just under one million new cars were registered in the first half of 2023, up 18.4 per cent on the previous 2022, according to [...]

  • Redde Northgate has record revenue and profit as soaring van hire demand outstrips supply

    July 5, 2023

    Vehicle hire firm Redde Northgate posted a record financial performance this morning on the back of strong vehicle hire demand, with appetite for light commercial vehicles (LCV) continuing to “outstrip supply.” The Darlington-headquartered firm saw revenues of over £1.4bn, up 19.8 per cent year-on-year with pre-tax profits at £178.7m, up 34.7 per cent. Redde Northgate [...]

  • Electric vehicle transition to drag up car insurance premiums, warns report

    July 5, 2023

    The transition to battery electric vehicles (BEVs) will “force a whole-scale adaption of the motor insurance sector” as it struggles to find a solution to the additional costs involved in insuring the new technology, a new report has warned. BEV claims are already 25.5 per cent more expensive than their combustion engine counterparts and could [...]

  • Sadiq Khan lacks legal authority for ULEZ expansion, court told

    July 4, 2023

    The mayor of London Sadiq Khan lacks the legal authority to expand the Ultra-Low Emission Zone (ULEZ), five Conservative councils told London’s High Court this morning, marking the beginning of a two-day judicial review hearing. Represented by Craig Howell Williams KC – Bexley, Bromley, Harrow, Hillingdon and Surrey – are challenging the mayor over the [...]

  • Wizz Air outpaces strike-hit Ryanair as passenger numbers rise before critical summer getaway

    July 4, 2023

    Wizz Air began the much-anticipated summer season of travel with a 23 per cent year-on-year boost in passenger numbers over June, as it outpaced its strike-hit ultra-low cost rival Ryanair. Its rival, Ryanair, reported passenger figures grew nine per cent to 17.4m last month. However, the carrier was forced to cancel 900 flights as a [...]

  • Heathrow Airport names Thomas Woldbye as new chief – here’s what we know

    July 4, 2023

    A successor for Heathrow Airport’s long-time chief John Holland-Kaye was finally announced last Friday. Thomas Woldbye, Copenhagen Airport’s CEO since 2011, will take over the cockpit from Holland-Kaye, having emerged as a standout candidate for what has been described as “one of the most important roles in global aviation”. Amid tough competition, Woldbye’s stint at [...]

  • ULEZ expansion will push building businesses over the brink, warns industry boss

    July 4, 2023

    The boss of the British Merchants Federation (BMF) has warned that outer London building businesses hit by ULEZ charges could face closure or move if the 29 August expansion goes ahead as planned. John Newcomb, chief executive of the trade association BMF, told City A.M.: “My biggest concern is that you would see closure of [...]

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