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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JP Morgan takes over First Republic Bank in second largest US bank collapse ever

May 1, 2023

Wall Street titan JP Morgan has swooped in for crisis-hit First Republic Bank, marking the third big American bank to collapse in just over a month and the second largest failure ever, US authorities announced today. The Federal Deposit Insurance Corporation (FDIC) confirmed they had accepted a bid from JP Morgan to seize the majority [...]
IAG: Is this the week that British Airways owner’s share price takes off?

May 1, 2023

The aviation industry will be looking ahead to British Airways owner IAG’s quarterly results this week, as the airline conglomerate looks to close in on pre-pandemic profits. Analysts at HSBC expect IAG to report this Friday that capacity sits at 96 per cent compared to pre-Covid levels in 2019. The group has been eyeing a [...]
UK car production accelerates as semiconductor shortage is ‘all but over’

April 28, 2023

UK car production rose six per cent in the first three months of 2023 thanks to the easing of semiconductor shortages, though concerns remain as production continues to lag pre-pandemic levels. According to figures from the Society of Motor Manufacturers and Traders (SMMT), production rose to 219,887 units, with factories producing 12,540 units more than [...]
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 [...]

Monzo slammed for ‘shaming’ end of year reviews

If international rugby’s fatal flaw is not financial, what is it?

Ford Mustang Sutton CS800DH review: Taming a wild horse

By: Guy Taylor

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