Taxi drivers and railway staff to face criminal record checks following clamp down on gender violence March 8, 2022 Taxi drivers and railway staff will be subjected to criminal record checks, under the UK Government’s new plans to clamp down on gender violence. Public-facing transport staff could be vetted for previous offences through the disclosure and barring service (DBS), the Telegraph reported. The government’s decision comes after a report highlighted that 49 per cent [...]
Tevva appoints former Jaguar exec Ian Harnett as chairman March 8, 2022 Electric and hydrogen truck maker Tevva Motors announced this morning it had appointed former Jaguar Land Rover executive Ian Harnett as chairman. Harnett is succeeding David Roberts, who is expected to remain on the board as non-executive director. The new chairman, who held leadership roles at Jaguar since 2009, first joined the truck maker’s board [...]
Rail cleaners go on 48-hour strike across London and South East this weekend March 8, 2022 The National Union of Rail, Maritime and Transport Workers (RMT) has announced its members working for cleaning contractor Churchill will take the streets for the second time in less than a month over wages. The strike – which will affect major rail operators such as Thameslink, Eurostar and Southeastern – will take place on Saturday [...]
Menzies reverses Covid losses while it extends NAS deadline March 8, 2022 Aviation services firm Menzies has reversed the losses sustained because of the pandemic and reported this morning a $76m underlying profit. In the year ended 31 December, the group registered a 27 per cent increase in revenue, up from $1.06bn to $1.35bn, while its operating profit went up to $59m from a loss of $124m [...]
Domino’s delivers ‘transformational year’ as profit goes up by 12.5 per cent March 8, 2022 Pizza multinational Domino’s said this morning 2021 was a “transformational year” for the company, as it reported a 12.5 per cent increase in profit. In the year ended 26 December, the group registered an 11 per cent increase in revenue, going from £505.1m to £560.8m, while its underlying EBITDA increased from £125.5m to £136.4m. Domino’s [...]
CMA secures commitments from Gridserve unlocking EV motorway charging competition March 8, 2022 The Competition and Markets Authority (CMA) has secured commitments from energy company Gridserve to open up competition on motorways between electric vehicle (EV) charging companies. As part of the legally-binding commitments, Gridserve has agreed not to enforce exclusive rights in contracts with operators Extra, MOTO or Roadchef after November 2026, therefore reducing its contracts by [...]
Surging oil prices slow down aviation’s recovery March 7, 2022 The post-pandemic recovery of some airlines could be badly affected by the ongoing increase in oil prices. Prices today hit $130 per barrel, the highest level since 2008, amid fears of tightening supplies as both the US and Europe weigh in on a Russian oil ban after the Kremlin waged war in Ukraine. According to [...]
Russia to be hit harder than West from impact of sanctions on trade March 7, 2022 Russia will be hit harder in the long term than the West from the impact of sanctions on global trade, said German think tank the Kiel Institute for World Economy. According to a model simulation published alongside the Austrian Institute of Economic Research (WIFO), a trade war with the West – US and Europe – [...]
EV interest declines following sky high prices March 7, 2022 Potential buyers’ interest in buying an electric vehicle (EV) is declining as a result of sky high prices, Auto Trader has warned. In a report published today, the sale platform said the proportion of electric cars browsed on its marketplace had dropped from 26 per cent in late September to 16 per cent last month. [...]
Aston Martin presses EV accelerator with Britishvolt partnership March 7, 2022 Deluxe car maker Aston Martin has pressed the electric vehicle (EV) accelerator, announcing today a partnership with UK battery technology firm Britishvolt. The partnership is expected to help the car maker launch its first fully electric vehicle in 2025. A joint team from both companies will be tasked to design, develop and industrialise batteries, working [...]
