BA and American Airlines to offer business travellers free Covid tests November 17, 2021 British Airways (BA) has announced a collaboration with American Airlines and American Express to provide free Covid tests to business travellers flying between the UK and the US. “Ensuring corporate travellers have access to efficient, accurate testing is one of the key components to ramping up business travel across the trans-Atlantic corridor,” BA’s head of [...]
Decarbonisation is primary driver for transport investment, says DLA Piper November 17, 2021 Decarbonisation has become the primary driver for investment strategy in the transport sector. According to a report by law firm DLA Piper, 79 per cent of respondents from the railway industry believe decarbonisation a primary driver for their organisation’s investment strategy. Numbers go up when considering those working in the aviation and shipping industries, with [...]
CMA to open EV charging competition on motorways November 17, 2021 The UK Competition and Markets Authority (CMA) is set to open up a competition for electric vehicle charging on motorways. Citing the necessity for drivers to have “a greater choice of chargepoints where they need them”, the CMA has set established for competing firms to offer legally-binding assurances, also known as commitments. For its part, [...]
Tesla shares go up following Musk’s latest offloading November 17, 2021 Tesla shares have gone up to $1,063.51 at market opening time after Elon Musk sold a further $973m worth of stocks to pay taxes. According to SEC filings, Musk bought 2.1 million shares worth $2.2bn at yesterday’s closing price of $1,054.73, offloading around 934,000 of his holdings on the same day. Since abiding by a [...]
Used car prices rocket as UK inflation soars November 17, 2021 Used car prices have skyrocketed around the same time the UK’s inflation rates have reached record highs. Data from Auto Trader’s marketplace have revealed that last week the average prices for a used vehicle went up 26.9 per cent year-on-year, reaching almost £20,000. Fuelled by massive levels of consumer demand and supply chain issues, last [...]
Half of teenage girls would not work for employer with gender pay gap, Indeed reveals November 17, 2021 Almost half of UK teenage girls have stated they would not work for an employer with a gender pay gap. Data from an Indeed research has revealed that 48 per cent of girls aged between 16 and 18 would rule out working for an organisation that has a gender pay gap against women, while only [...]
Go green or go home: employees’ demand for sustainable business travel hikes November 17, 2021 The majority of UK workers want to cut air travel and expect their employers to provide sustainable business travel solutions. Data from Trainline Partner Solutions has revealed that 53 per cent of UK employees believe that, before the pandemic, businesses were irresponsible with their levels of business travel, with 31 per cent admitting they had [...]
BMW to stop customisation following EV transition costs November 16, 2021 BMW is said to stop car customisation following the transition to electric vehicles (EV) that is forcing the automotive giant to cut costs where possible. Once priding itself for the wide range of choices given to customers, BMW has now said it will not be able to provide such a large number of options when [...]
Cazoo acquires Spanish car marketplace in €30m deal November 16, 2021 London-based online car retailer Cazoo has acquired Spanish car subscription marketplace Swipcar in a €30m deal, following the decision to expand more into the European market. “Swipcar has built a market-leading car subscription marketplace in Spain adding hundreds of new customers every month,” Alex Chesterman, Cazoo’s founder and chief executive said. “This deal will enable [...]
Volatile supply will remain for the rest of the year, warns Hamburg port November 16, 2021 Germany’s largest port, Hamburg, has warned that – despite a 2.9 per cent hike in sea cargo registered in the first nine months of 2021 – global supply chain issues are here to stay, at least until the end of the year. Compared to the same time last year, the port – which is Europe’s [...]