EV charging firm Pod Point to float on London Stock Exchange October 11, 2021 After a year of preparation, electric vehicle (EV) charging firm Pod Point announced today its intention to float on the London Stock Exchange by mid-November. The company – which was acquired by energy giant EDF in February 2020 – is expected to have a premium listing with a 25 per cent free float. As a [...]
TfL unveils designs for Covid-19 transport victims’ memorial October 11, 2021 Transport for London (TfL) has unveiled designs for a memorial to honour London’s transport workers who died from Covid-19. Set in Aldgate’s Braham Street, the memorial will feature a plaque paying tribute to the pandemic’s transport victims and will be surrounded by several benches and a cherry tree. TfL is expected to submit a planning [...]
The UK should ban domestic flights, says advocacy group October 11, 2021 British advocacy group Campaign for Better Transport is calling on the government to ban some domestic flights to reduce the amount of CO2 emissions produced domestically by aviation. If introduced, the ban would end several short-haul routes such as London to Manchester, London to Edinburgh and Birmingham to Glasgow. Travellers would be offered train tickets [...]
US spy couple accused of selling nuclear secrets October 11, 2021 US nuclear engineer Jonathan Toebbe and his wife Diana were arrested on espionage-related charges on Saturday, announced the US Department of Justice. The couple, who was apprehended by the FBI and the Naval Criminal Investigative Service, stands accused of selling restricted data regarding the design of nuclear-powered warships. The Toebbes will appear in a West [...]
Better connectivity will remove 750,000 lorries off Britain’s roads October 11, 2021 Improving transport connectivity in the UK could save up to 27.8 megatonnes of CO2 emissions by 2035, the equivalent of taking 750,000 lorries off the country’s roads. In a report published today, communications industry analyst Assembly showed that connectivity will play a huge part in the UK’s transition to carbon neutrality. Directly enhancing the connectivity [...]
Buy-to-let and partnerships power LendInvest portfolios in first results since IPO October 11, 2021 In its first update since going public, property finance asset manager Lendinvest has reported a 31.7 per cent increase in assets under management and a 39.8 per cent increase in funds under management. The growth was caused by record originations in buy-to-let (BTL) as well as new transactions and financial partnerships – including the £100 [...]
Tony Blair: The UK must accept vaccinated people from everywhere October 11, 2021 The UK must open its borders to all vaccinated people, regardless of country of origin, said the Tony Blair Institute. In a paper entitled “Keeping Travel Open: A Vaccine Anywhere, A Vaccine Everywhere”, the NGO funded by the former Prime Minister outlined several key recommendations the government should follow if it wants to help travel [...]
Sajid Javid: Long Covid is affecting huge numbers of people October 11, 2021 Health secretary Sajid Javid is reportedly concerned about the increasing numbers of people suffering from long Covid symptoms. As reported by the Independent, the secretary told a private meeting of health officials that the problem was “huge” and “getting bigger”. During the private meeting, which was set up to give an update regarding long Covid [...]
IPO: Pantheon Infrastructure looks to raise £300m for shopping spree October 11, 2021 Investment trust Pantheon Infrastructure (PINT) is seeking to float on the London Stock Exchange at an issue price of 100p per share. Looking to raise £300m from institutional and retail investors, the trust will use the cash injection to invest in different industries, from digital infrastructure such as data centres and fibre-optic networks to utility [...]
Exclusive: Charging firm EO signs deal to power-up Tesco’s EV fleet October 10, 2021 Electric vehicle (EV) solutions provider EO Charging has secured a deal to power Tesco’s fleet of electric vans, EO told City A.M. EO Charging, founded in 2014 in Suffolk, will provide the supermarket giant with more than 200 AC fast chargers as well as 5 DC rapid ones across five depots – including Oxford, Glasgow, [...]