Exclusive: We will solve any supply chain issues, says Tevva CEO May 22, 2022 Even though supply chain issues continue to rampage through the global automotive industry, electric and hydrogen truck maker Tevva has been slightly less impacted than others. The company’s chief executive Asher Bennett said its low capex manufacturing model has allowed it to “be a bit more flexible.” “If there are issues around the supply chain, [...]
EXCLUSIVE: King’s Cross worst tube station for TfL staff abuse May 20, 2022 King’s Cross was crowned the worst tube station for staff abuse, with 140 incidences of abuse against its workers. The station was followed by Victoria with 137 instances of abuse and Notting Hill Gate with 113. Data requested through a FOI by workforce management firm WorkForce Software reported that between April 2020 and December 2021, [...]
Money maker: Traffic camera at Bank Junction makes £15m in fines in three years May 20, 2022 The traffic camera at Bank Junction has made £15.2m in fines between 2018 and 2021. According to a FOI request by Bloomberg News to the City of London Corporation, in 2021 fines at the junction amounted to £3.2m – 40 per cent of all penalties levied in the City during the year. Drivers in fact [...]
April retail volumes continue on downward trend amid cost of living crisis May 20, 2022 Retail sales volumes continue to go downward amid the cost of living crisis. According to the Office for National Statistics, volumes rose 1.4 per cent in April following a 1.2 per fall in March, while values went up by 1.9 per cent. But looking more broadly, in the three months to April, sales volumes fell [...]
Boeing will get back on its feet, says Lufthansa boss May 19, 2022 Boeing will get back on its feet soon, according to Lufthansa’s boss Carsten Spohr. The airline’s boss said it was backing the plane manufacturer despite the turbulent period it was going through. “Boeing as a symbol of America will get back to its feet,” the German executive said during a luncheon in Washington, adding now [...]
Lord O’Neill’s Northern Gritstone raises £215m with backing from pension funds May 19, 2022 Investment company Northern Gritstone has raised £215m in funding after it received backing from local pension funds. A joint venture between Leeds, Manchester and Sheffield universities, the firm has secured funding from the Greater Manchester Pension Fund and West Yorkshire Pension Fund among others, Sky News first reported. “The strong endorsement of Northern Gritstone we’ve [...]
Tourism body calls for global ‘Digital Travel Portal’ May 19, 2022 The World Travel & Tourism Council (WTTC) has called for a Digital Travel Portal to help the global travel and tourism industry built its resilience post-Covid. According to the body, the portal would avoid the industry coming to a standstill in the face of Covid and any future health crisis. Through the portal, passengers could [...]
TfL extends London’s e-scooter trial until November to continue testing the vehicles May 19, 2022 Transport for London (TfL) has announced it will extend its e-scooter trial from 6 June until 20 November. The project, which started in June 2021, was expanded under Department for Transport (DfT) guidance to gather data on usage as well as safety. “We are delighted to be extending our successful London e-scooter pilot in collaboration [...]
Labour calls to ban P&O management from senior positions May 19, 2022 The Labour Party has called to ban the management of disgraced ferry operator P&O from ever holding any kind of senior position after the company sacked 800 seafarers and replaced them with cheaper workers. “P&O brazenly broke the law and they have faced no consequences for their action,” said shadow transport secretary Louise Haigh during [...]
Easyjet ‘in right place’ to meet summer demand, says boss May 19, 2022 Easyjet is “in the right right place” to meet the summer demand, according to chief executive Johan Lundgren. The airline reported that bookings have been above pre-pandemic levels in the last 10 weeks, with the number of tickets sold increasing by 15 per cent on 2019 levels. Lundgren added the airline was “absolutely focused” on [...]