EV industry welcomes government’s home charging rules November 22, 2021 The EV industry has welcomed the UK Government’s announcement that owners of newly built homes and commercial buildings will need to instal electric vehicle (EV) charging points. The new regulations will lead to 145,000 additional EV chargers installed across the UK every year, and it was announced a few weeks after Prime Minister Boris Johnson [...]
UK aviation urges holiday-goers to spend £132m of unused travel vouchers November 22, 2021 The UK’s Civil Aviation Authority has urged holidaymakers to spend £132m worth of unused travel vouchers before they expire. Issued by the aviation authority during the peak of the pandemic to avoid airlines having to repay extensive sums to customers, the Atol refund protection scheme is expected to end on 30 September 2022, the BBC [...]
Another strike: Londoners face severe tube disruption on 26-28 November, 3-5, 10-12, 17-18 December November 22, 2021 Transport for London (TfL) is hitting back at the strike action planned by the National Union of Rail, Maritime and Transport Workers (RMT), warning that commuters could face severe disruptions because of the “unnecessary strikes”. If going ahead, the strikes – which will disrupt services on two days and eight nights between 26 November and [...]
Half of Brits are ready for overseas getaways, research shows November 22, 2021 More than half of British adults are planning an overseas holiday in the 12 coming months. Data from travel insurance company Allclear has revealed that 57 per cent of British people actively want to go back to travelling, a 46 per cent increase compared with last year. People aged over 55 will drive demand during [...]
Crossrail’s trial operations to begin ahead of opening November 22, 2021 Trial operations on the Crossrail are finally underway ahead of its opening in the first half of 2022, almost three years after the project’s initial deadline. Operations will involve exercises to ensure the project’s safety and reliability, while also testing the timetables. Over the coming months, more than 150 scenarios will be carried out – [...]
BA to hire pilots for new Gatwick short-haul airline November 21, 2021 British Airways (BA) has started recruiting pilots for its short-haul subsidiary, which is due to operate from Gatwick airport. Applicants will need to be able to fly A320 aircraft on European routes and they will possess “excellent leadership and teamwork, decision making and communication skills.” In return, they will make up to £105,000 per year [...]
Telecom Italia’s board in discussions over takeover proposal from funds November 21, 2021 Telecom Italia’s (TIM) board is in an extraordinary meeting to discuss a takeover proposal from US hedge fund KKR, which is interested in acquiring the Italian communications giant’s whole capital. According to sources, the fund’s plan is to carve out the group’s fixed network – of which KKR is an investor since last year – [...]
Deutsche Bank nominates Alexander Wynaendts as next chairman November 21, 2021 Deutsche Bank’s board will nominate Alexander Wynaendts as the new chairman at the bank’s annual general meeting in May 2022. If elected, Wynaendts will replace Paul Achleitner, who served as chairman for 10 years and decided not to run for re-election. “It is a great honour to have been nominated by Deutsche Bank as a [...]
Treasury accused of killing off UK freeports November 21, 2021 Treasury officials have been accused of “killing off” freeports, by lacking ambition in tax cuts and a cap that will limit the number to 10. Whitehall is said to be opposing the policy, claiming the perks of freeports will lead to less tax revenue and existing businesses moving to these new designated zones from elsewhere [...]
Shortages hit ASOS as Christmas gets closer November 21, 2021 Shortages are reportedly hitting fashion retailer ASOS, forcing the giant to defer orders from suppliers, a few weeks before Christmas. While some suppliers attribute this to labour shortages in the company warehouses, the firm says it is due to the global supply chain crisis, the Sunday Times reported. “We have a robust, professionally organised global [...]
