Halfords boss urges govt to help with labour market gap as profit guidance shrinks January 12, 2023 Halfords’ chief executive Graham Stapleton has called on the government to help fill a gap in the labour market as the group reduced its profit guidance from £60m to £50m. Stapleton said it couldn’t get “enough qualified technicians into our garages to meet demand” and that was hurting growth. According to the chief executive, the [...]
UK airlines hit back against calls for green taxation January 12, 2023 UK airlines have hit back against reports calling for a fairer taxation of the aviation industry to avoid “spiralling” CO2 emissions this decade. London-based think tank Green Alliance today called on transport secretary Mark Harper to ensure the industry is taxed appropriately. The government’s failure to tax different modes of transport according to their environmental [...]
Staff shortages could cause summer travel chaos again – and 40 per cent of industry bosses blame Brexit January 11, 2023 Summer 2023 could spell additional trouble for the UK travel industry, with over half of rail and airline operators worrying about future staffing shortages – and almost 40 per cent blaming Brexit. Data published today by software company SAP show that 55 per cent of industry decision makers believe staffing challenges will impact customers’ travel [...]
On the right track? Rail boss optimistic but blames RMT for stalled talks after rejecting pay deal January 11, 2023 The RMT recommending its members vote against Network Rail’s improved offer hasn’t helped negotiations progress, the company’s chief negotiator Tim Shoveller told MPs today. Union members walked out between 6pm on Christmas Eve and 6am on 27 December as well as throughout last week after they rejected a 9 per cent pay offer. As part [...]
Heathrow: Strikes and ongoing charging issues fail to dent December’s passenger levels January 11, 2023 Heathrow Airport’s passenger numbers skyrocketed last month despite challenges posed by Border Force Strikes. The west London hub said 5.9 million travellers passed through its gates during the festive month, up 90 per cent on 2021 levels. Overall, the airport remained in line with former expectations, with 61.6 million passengers using Heathrow in 2022. John-Holland Kaye, [...]
Electric truck maker Tevva gears up for UK mass production January 11, 2023 Electric truck maker Tevva is set to start mass production of electric vans after receiving the green light from both UK and EU regulators. The Essex-based “scale up” has received the okay from the UK Vehicle Certification Agency as well as Sweden’s transport agency, meaning it can manufacture and sell trucks with both left and [...]
China’s reopening could spell short-term trouble for Airbus, CEO warns January 10, 2023 Airbus warned today that China’s decision to end its strict zero-Covid strategy and reopen its borders could pose difficulties for the company heading into 2023. “In the short-term, China will create additional difficulties and complexities that we will have to deal with,” chief executive Guillaume Faury told journalists today. The warning comes as the European [...]
Sadiq Khan urges government to continue investing in future TfL projects January 10, 2023 The Mayor of London nhas called on the government to continue funding Transport for London’s future projects. Sadiq Khan told City A.M: “The history of London Underground shows that you’ve got to invest now for the future, you can’t stand still,” “We need government support for further investment in both the underground network and [...]
Sadiq Khan says ‘talking is better than walking’ as he urges unions to call off Elizabeth line strike January 10, 2023 Sadiq Khan has urged rail unions to call off their planned strike on the Elizabeth line this week and encouraged them to get back to the negotiating table, saying that “talking is better than walking.” Rail platform workers on the line from unions TSSA and Prospect are set to down tools on Thursday after rejecting [...]
BMW: How supply chain issues and China lockdowns have impacted its bottom line January 10, 2023 BMW’s sales have slumped in 2022 due to supply chain issues and the now-scrapped zero-Covid policy in China. A byproduct of the pandemic, supply chain issues such as chip shortages and higher raw material costs were magnified by Beijing’s decision to implement severe lockdown measures for the good part of last year. The German automotive [...]
