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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Heathrow Airport holds outlook as profit edges up

April 23, 2025

London Heathrow Airport has maintained its outlook for profit and passenger traffic as work continues “at pace” on a planning application for its third runway. The West London hub anticipates carrying a record 84.2m passengers in 2025, up 0.5 per cent year-on-year. But pre-tax earnings (EBITDA) are expected to decrease by 11 per cent to [...]
Brits back Ryanair calls for two drink limit at UK airports

April 22, 2025

Brits overwhelmingly back a two drink limit at UK airports to stop drunken passengers disrupting flights, a new survey has found. Yasper Communications agency polled more than 2,500 people and found 60.7 per cent either agreed or agreed strongly with the idea. Only 10.8 per cent of Brits disagreed or disagreed strongly with the introduction [...]
ITM Power: Shares in green hydrogen specialist skyrocket

April 22, 2025

Shares in ITM Power soared on Tuesday after the green hydrogen specialist hiked full-year guidance for revenue and cash generation. The London-listed firm said it expects annual revenue of between £25.5m and £26.5m, a 30 per cent increase on its prior forecast of £18m and £22m. It also lifted forecasts for cash generation to between [...]
DCC: FTSE 100 giant to sell healthcare division for £1.1bn

April 22, 2025

DCC has announced plans to sell its healthcare division to Healthco Investment Limited for £1.1bn as part of the FTSE 100’s company’s plan to shift its focus toward energy. The value of the deal is around 12 times DCC’s full-year adjusted operating profit and will see £945m in net cash proceeds over the coming years. [...]
BP suffers huge shareholder revolt amid green spat

April 17, 2025

BP has suffered a huge rebellion from its shareholders as the London-listed oil giant’s annual general meeting faces scrutiny of its environmental policy. Nearly a quarter voted against the re-election of outgoing chair Helge Lund at the firm’s annual general meeting. as conflict swirls over BP’s decision to cut back on climate goals. Chief executive [...]
Inheritance tax changes threaten UK’s infrastructure push

April 17, 2025

Inheritance tax changes will wreck the UK’s construction supply chain even as ministers put major infrastructure projects at the heart of plans for economic growth, according to a prominent lobby group. A string of schemes including five London airports and the UK’s biggest-ever road tunnel have received government backing since Labour took power, as Chancellor [...]
Empiric Student Property in £9m apartment deal amid postgrad expansion

April 17, 2025

Empiric Student Property has acquired a £9m block of flats alongside an expansion of its postgraduate offering. The company, which runs student accommodation at top UK universities, said it had completed the buyout of Selly Oak Apartments in Birmingham, a stone’s throw from the University of Birmingham. Empiric said it the acquisition, which is its [...]
Speedy Hire accelerates depot closures after Reeves tax hikes

April 16, 2025

Speedy Hire said it has accelerated the planned closures of several of its depots and restructured various support roles as it wrestles with the fallout from a raft of tax hikes. The London-listed company said the move had saved around £3.5m in costs over the year in what it described as a “challenging market backdrop.” [...]
High income households could pay more for electricity, Ofgem says

April 16, 2025

High-earning households could be forced to front more of the cost for running and upgrading the UK’s energy network, Ofgem has said. Jonathan Brearley, the boss of the energy regulator, told a briefing on Tuesday that wealthier households may have to pay more via the standing charge on their energy bills, while those out of [...]
AA boss hails ‘breakout year’ since takeover as profit hits £245m

April 16, 2025

The AA has reported a more than quarter rise in full-year profit as the breakdown giant marked a fourth consecutive year of growth since being taken private in 2021. Operating profit increased 28 per cent to £245m, while revenue grew 12 per cent to £1.5bn. On an adjusted basis, earnings before interest, taxation, depreciation and [...]

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By: Guy Taylor

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