No 10 liaises with Australia’s Macquarie Group over £10bn investment February 6, 2022 No 10 is in talks with Australian financial services group Macquarie over a possible £10bn investment in the UK’s infrastructure – the largest investment ever made by a foreign company. Downing Street officials have been negotiating with the bank’s management for the past few weeks, Sky News has learnt, to divide the £10bn between existing [...]
Meet WasteFuel, the company helping Maersk achieve its decarbonisation goals February 5, 2022 Shipping giant Maersk has recently made industry headlines when it announced it had decided to anticipate its net-zero deadline by a decade. Maersk, the second largest shipping operator in the world, announced in January it would become net-zero by 2040, a decade before its original target. Instead of complying with the International Chamber of Shipping’s [...]
Veggie all the way: British Airways launches plant-based menu at Heathrow February 4, 2022 British Airways (BA) announced today it will soon launch a plant-based menu at its Heathrow lounges, before rolling it out across the US. “We’re committed to ensuring we deliver a premium proposition for our customers throughout their journey with us and when we do so, we need to ensure that sustainability is at the heart [...]
Where’s Boris (bikes)? London loses record number of hire cycles February 4, 2022 London has lost a record number of Boris bikes, data from Transport for London (TfL) reported. Around 1,164 bikes were lost in the nine months ended September 2021, a 24.6 per cent hike on the 934 lost in 2020, the Evening Standard reported. TfL attributes the increasing number of bikes lost – which has grown [...]
RMT deals TfL umpteenth blow announcing two-day strike in March February 4, 2022 The National Union of Rail, Maritime and Transport Workers (RMT) has dealt Transport for London (TfL) the umpteenth blow as it announced this morning a two-day strike. The day-long industrial actions will take place on 1 and 3 March and risk causing the closure of the entire London Underground network. The move was voted by [...]
SMMT: EV bolster January growth but shortages hinder recovery February 4, 2022 The UK automotive sector has recorded a positive start to the year, with 115,087 new cars registered – 27.5 per cent up on 2021 levels. According to Society of Motor Manufacturers and Traders (SMMT) figures, January’s growth was driven mainly by electric vehicles (EV), with battery electric, plug-in hybrid and hybrid cars account for 71.5 [...]
Grant Shapps promises angry commuters ‘big improvements’ in railway timetables February 4, 2022 Transport secretary Grant Shapps has promised angry commuters that ‘big improvements’ in railway timetables are bound to take place within the next two weeks. Shapps said this morning he’s in talks with train operators to bring timetables back to quasi normal levels, as the number of people travelling has increased significantly following the removal of [...]
Carnival loses two ships as pandemic continues to beat sector February 4, 2022 The pandemic continues to hit hard the cruise sector, forcing giants such as Carnival to restructure their fleet. The firm announced today that two of its US ships, Carnival Ecstasy and Carnival Sensation, will leave the fleet, while some of the routes they were on will be cancelled. After initially reporting that Carnival Sensation’s restart [...]
Shaftesbury weathers Omicron disruption and reports a strong rebound February 4, 2022 Shaftesbury, the owner of several buildings in London’s West End, has reported a strong rebound despite the impact of Omicron. In the four months ended 3 February, the firm announced that strong strong trading prior to restrictions and ongoing government support measures helped Shaftesbury weather Omicron-induced disruptions. The firm’s net debt went down 1.1 per [...]
MPs call on government to deliver new motoring tax to avoid £35bn hole February 4, 2022 The UK Government could find itself with a £35bn financial hole if it doesn’t introduce an alternative motoring tax before 2030, according to a new transport committee report. MPs have argued that by banning the sale of new petrol and diesel vehicles from 2030, the Treasury could lose two sources of income, fuel duty and [...]
