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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BP forecasts ‘weak’ gas trading

April 11, 2025

BP said it expects gas marketing and trading to be “weak” in the first three months of 2025, as it published its early indicators for performance through the period. Upstream production in the first quarter is also expected to be lower compared to the prior quarter, with production slightly higher in oil but lower in [...]
Heathrow passenger numbers fall after power outage closure

April 11, 2025

Heathrow Airport reported a decline in traffic in March as passenger numbers were impacted by the power outage that resulted in a 10-hour shutdown. Some 6.2m passengers flew from the UK’s busiest airport last month, down 7.5 per cent year-on-year. An investigation has been launched into the March closure, which was caused after a fire [...]
‘A failed operator’: CrossCountry repeatedly missed own performance targets despite cutting services

March 28, 2025

Struggling rail operator CrossCountry has repeatedly breached its own performance targets despite cutting services late last year as part of a recovery plan, City AM understands. The former Transport Secretary, Louise Haigh, approved proposals by the operator to run a reduced timetable for three months between August and November after its performance was labelled “dire.” [...]
Blackstone takes stake in UK airports group for £235m

March 28, 2025

Blackstone has bought a 22 per cent stake in AGS Airports in a deal valued at £235m, it has been announced. The agreement sees AviAlliance offload some of its holdings in AGS, which owns Aberdeen, Glasgow and Southampton airport, although it will retain a majority 78 per cent stake. AGS was acquired by PSP, one [...]
WH Smith agrees sale of UK high street chain to Modella

March 28, 2025

WH Smith has agreed to sell its 233-year-old UK high street business to Modella Capital for around £76m. Modella Capita, which owns Hobbycraft, pipped a number of bidders to the prize including Alteri Investors, the owner of Bensons for Beds. The deal will transfer WH Smith’s 500 stores to the investor, with the high street [...]
Drax strikes deal to develop 400,000 tonne ash facility

March 27, 2025

Drax has agreed a 20-year joint venture deal that will see the development of an ash processing facility close to its power station. The new facility is expected to begin operations by the end of 2026 and produce 400,000 tonnes of ash per year at full capacity. The company estimates it will generate incremental adjusted [...]
Aviation regulator to review Heathrow’s financial model ahead of third runway

March 27, 2025

The UK aviation watchdog is to review Heathrow Airport’s financial model after stakeholders raised concerns over how it intends to fund a third runway. Some of Heathrow’s biggest airlines submitted a request to the Civil Aviation Authority (CAA) in February demanding “an urgent and fundamental review” into the way the airport is regulated amid soaring [...]
Some UK visa and passport fees set to double from April

March 26, 2025

The above-inflation increases in visa and passport fees announced in the Spring Budget have been described as “deeply disappointing.” Visitors to the UK will face a seven per cent increase for immigration and passport fees, the government has revealed. Companies also face a more than doubling in the cost of bringing in skilled overseas workers, [...]
Spring Statement 2025: New growth board to oversee Britain’s defence push

March 26, 2025

Chancellor Rachel Reeves has revealed further details of plans to boost Britain’s defence industry, including reforms of the procurement system and the appointment of a new oversight board. The government had already announced an extra £2.2bn will be plugged into the military amid concerns over US President Donald Trump’s commitment to European defence. Speaking in [...]
Ithaca Energy forecasts higher production and doubles down on Rosebank start date

March 26, 2025

Ithaca Energy said production at Rosebank will begin in 2026/27 despite a landmark January court ruling which deemed approval of the Scottish oil field unlawful. The London-listed firm said it was working closely with regulators and the Department for Energy Security and Net Zero (DESNZ) on a revised application. It expects total capital costs for [...]

New Companies House ID rule triggers 30 per cent slump in registrations

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By: Guy Taylor

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