Female entrepreneurs are being held back by old-fashioned ideas of who can start a company June 10, 2021 London is wasting half of its talent, but it’s not just London. It’s UK wide. We’re an incredibly entrepreneurial nation. Even during a global pandemic, the capital has emerged from lockdown with 6 per cent more new businesses than from the same period last year, according to the Centre for Entrepreneurs. And yet, half of our [...]
Go-Ahead reports highest passenger numbers since pandemic began June 10, 2021 Transport group Go-Ahead today said its annual outlook had improved as rising vaccination rates drove passenger volumes to the highest level since the pandemic began. The company said profit expectations for its London and international bus units have increased, as well as its rail services. Following the update, shares in Go-Ahead rose 0.1 per cent [...]
Transport for London mulls cutting Tube and bus services in bid to find £900m in savings June 8, 2021 Transport for London (TfL) may be forced to cut Tube and bus services, Sadiq Khan has confirmed, as it scrambles to find £900m in savings a year under the terms of the government’s latest bailout. Last week ministers agreed a new six month funding agreement for the transport network worth £1bn, but the deal comes [...]
Open up UK-US travel corridor, airline bosses plead ahead of G7 summit June 7, 2021 The chief executives of all the airlines which run transatlantic services have come together to once again call for the reopening of the US-UK travel corridor. Routes between the two countries are a central source of income to airlines such as American Airlines, British Airways, Delta Air Lines, JetBlue, United Airlines and Virgin Atlantic, which [...]
London’s launch of e-scooters in the Square Mile to be postponed until July June 7, 2021 The launch of London’s e-scooter rental trial today is set to be delayed across the Square Mile as the City Corporation has postponed its involvement until July. The City Corporation, the local authority for the Square Mile, said it would not be joining the scheme until 5 July, apparently due to administrative setbacks rather than [...]
Number of Uber UK rides back to pre-pandemic levels June 7, 2021 Uber this morning said that the number of rides booked by UK users has now returned to pre-pandemic levels. The ride-hailing app said that the loosening of restrictions on hospitality venues had been the main driving force behind the return of demand. Most of the trips currently being taken are in the evening, Uber added, [...]
London’s future prosperity depends on a sustainable future for TfL June 7, 2021 News of the latest financial support package for Transport for London (TfL) will have been met by sighs of relief across London. At the very least, buses, trains and tubes will continue running for the next few months. But fundamental questions about TfL’s future and how public transport is funded remain unanswered. Should a transport [...]
Waterloo & City line re-opens ahead of schedule as tube use rises June 7, 2021 Waterloo & City line re-opens ahead of schedule as tube use rises
Airline stocks dive and bosses fume after Portugal axed from UK travel ‘green list’ June 4, 2021 Airline stocks dropped as London’s markets opened for trading today after the government removed the one popular holiday destination from its travel “green list”. Wizz Air led the fallers on the FTSE 250, dropping 3.5 per cent by the mid-afternoon, while Easyjet shed 1.9 per cent. Easyjet had added hundreds of extra flights to Portugal [...]
Number of Tube journeys rises again as reopening continues June 4, 2021 The number of Tube journeys rose five per cent last week as more and more people continued to head back to workplaces, shopping districts and hospitality venues. Last Thursday there were 1.89m underground journeys made in total, up from 1.78m the week before. Once again, that is the most journeys to be made in a [...]