Christmas Eve will be December’s busiest day of traffic, data shows December 15, 2021 Data from the AA has predicted that 23 and 24 December will be the busiest days of traffic, with 54 per cent of drivers planning to travel. Motorists are also expected to travel further, with an average of 39 miles. Despite Covid regulations allowing families and friends to be reunited, one in five drivers admit [...]
Toyota invests $35bn in EV development to rival market players December 14, 2021 Toyota has announced it will invest $35bn in the development of electric vehicles (EVs), with the aim to rival some of the market’s biggest EV player such as Tesla. The sum will be divided between vehicle development – as the automotive giant aims to sell 3.5 million battery EVs per year by 2030 – and [...]
Red list to be scrapped from tomorrow, government confirms December 14, 2021 The UK Government has confirmed that the travel red list – which includes countries such as South Africa and Botswana – will be scrapped from tomorrow 4am, less than two weeks after it was introduced following concerns over the new Omicron variant. Testing measures will remain in place. Health secretary Sajid Javid confirmed the decision, [...]
BA restarts Gatwick operations, selling tickets for short-haul subsidiary December 14, 2021 British Airways (BA) announced today it will restart flying from Gatwick from March 2022, selling tickets for 35 destinations that will be part of its short-haul subsidiary British Airways*’s operations. Created to compete with the likes of Easyjet and Ryanair, the subsidiary company will begin to operate as a standalone business from August, with BA [...]
National Express and Stagecoach announce merger, creating £1.9bn company December 14, 2021 Coach giant National Express and rival Stagecoach have announced they will merge by late 2022, reaching an agreement after months of talks. Following the announcement, shares for both Stagecoach and National Express surged, going up 12 and 2.98 per cent respectively. The new company – which will have a fleet of around 40,000 vehicles and [...]
Sally Rooney and Kazuo Ishiguro among the most sold books of 2021, Amazon reveals December 14, 2021 Sally Rooney’s new novel ‘Beautiful World, Where Are You’ and Kazuo Ishiguro’s ‘Klara and the Sun’ feature among the 10 most sold books of 2021. According to an analysis carried out by Amazon, Rooney and Ishiguro feature alongside 2020 award-winning books such as Delia Owen’s ‘Where the Crawdads Sing’ as well as Matt Haig’s ‘The [...]
Petrol price wars ease as forecourt retailers see profits rocket December 14, 2021 Supermarkets such as Asda have eased competition in their fight to attract customers to their fuel and diesel pumps, as prices and profits rocket. Data from the RAC showed that last week’s price of petrol was 146.9p while the price of diesel continued to hike, reaching a record 150.80p. According to a Times analysis, the [...]
RWS reports healthy balance sheet as adjusted profits surge December 14, 2021 Technology-enabled language provider RWS has registered a 66 per cent increase in its adjusted profit before tax, going up to £116.4m from £70.4m last year. In its results for the year ended 30 September, the company’s basic earnings per share surged 20 per cent, going from 19.9p to 23.8p. RWS has reported a healthy balance [...]
UK airlines ask PM to remove travel restrictions as Omicron pushes shares down December 13, 2021 Bosses of major UK airlines have sent Prime Minister Boris Johnson a letter asking the government to remove travel restrictions , as stocks today continued to plummet. Easyjet, as well as British Airways’ (BA) owner IAG and Ryanair, saw their stocks go down 4.72, 5.29 and 3.46 per cent respectively because of fears of further [...]
Lorry licenses surge easing driver shortages December 13, 2021 The number of lorry licenses issued this year has increased in recent months to ease HGV shortages. Figures obtained by the Telegraph have shown that between January and October around 230,000 licenses were handed out, of which 40,169 only in October. Compared with the 100,000 driver shortage which plagued the good part of this year, [...]