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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Cazoo drives towards profitability after year of chaos

April 27, 2023

Cazoo, the online car retailer, reported a boom in gross profit, increasing from £3 million to £14 million in the first three months of 2023, following a year of instability. The London-headquartered, but New York-listed, firm, however, reported an 11 percent dip in revenues, down to £247 million. But markets reacted well to the firm’s [...]
FA Cup Final hit with fresh rail strike as Manchester fans face disruption getting to London

April 27, 2023

The FA Cup Final and Eurovision Song Contest will be disrupted as ASLEF train drivers’ union today announced a series of 24-hour strikes. The 24-hour strikes will take place on Friday 12 May, Wednesday 31 May, and Saturday 3 June, which coincide with FA cup final between Manchester United and City, the last of the [...]
Minimum service law will lead to wildcat strikes, RMT boss Mick Lynch warns

April 26, 2023

RMT General Secretary Mick Lynch told MPs today that proposed legislation for enforcing minimum service levels for some services and sectors when strike action is taking place would result in workers walking out without trade unions’ authorisation. “If we can’t use traditional industrial action, there will be novel forms of action, and there will be [...]
Boeing plans to ramp up 737 Max production after significant delays

April 26, 2023

US plane-maker Boeing today announced plans to ramp up production of its 737 Max planes after manufacturing issues led to significant delivery delays. There had been major concerns that the manufacturer would not be able to meet its annual target of making at least 400 737 planes, but the firm said today that now hopes [...]
Heathrow narrows losses, but claims hit from strikes and CAA price-cap

April 26, 2023

Heathrow Airport narrowed its losses this quarter, but said results were impacted by the CAA’s price cap, as well as ongoing strike action. The airport posted adjusted pre-tax losses of £139m, down from £223m the previous year, writing that this was due to the “the revenue allowance in the CAA’s H7 settlement being set too [...]
Post-Brexit reforms will drive up pension fund investment in UK infrastructure, survey finds

April 26, 2023

More than half of pension scheme leaders expect to increase their investment in UK infrastructure projects in the next year, with many arguing a series of pending post-Brexit reforms will be the “key driver” behind their plans, according to a new survey exclusively shared with City A.M. Over 60 per cent (62 per cent) of [...]
P&O bosses confident of avoiding ‘fire and rehire’ fine and thought public anger would ‘recover’

April 25, 2023

Controversial cruise operator P&O is confident it will not pay for the ‘fire and rehire’ scandal last year, according to company filings shared with City A.M. The accounts, which cover the 2021 calendar year, predict that the UK’s Insolvency Service will not be able to demonstrate that any subsequent action taken was in the public [...]
London Underground could face summer of strikes as Mick Lynch’s RMT re-ballots 10,000 members

April 25, 2023

10,000 RMT members are set to be re-balloted for strike action today, in a continuing row over jobs and pensions which looks set to pile more misery on London commuters. The RMT, Transport for London and Sadiq Khan have been in a fierce dispute over the past year, after plans were announced to cut 600 [...]
Formula 1 test firm AB Dynamics drives towards revenues of £50m

April 25, 2023

AB Dynamics, which produces robots and simulators used by Alfa Romeo’s Formula 1 team, saw revenues close to £50m in the six-month period to 28 February 2023. The results, which mean AB has increased revenue by £10m on the previous year, came despite the continuing supply chain disruption and economic uncertainty at the time. The [...]
Taxi tie-up sees Bolt link with London’s black cabbies

April 25, 2023

A major taxi industry tie-up will see ride-hailing service Bolt make London’s black cabs available on their apps from today. Londoners using Bolt will now be able to order London’s iconic taxis to get around the capital as the firm introduces a ‘black cab’ category on the app. London’s cabbies have teamed up with mobility [...]

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By: Guy Taylor

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