Eurostar’s new AI chatbot left customers exposed Transport and infrastructure Eurostar’s shiny new AI chatbot was billed as a smarter way of helping customers. But the bot was shipped with old-fashioned security flaws that could have left customers exposed, and for weeks, nobody at the train operator seemed willing to listen. City AM can reveal that multiple security flaws were found in Eurostar’s public-facing AI [...]
Northern Line closures to impact midweek after-work drinks until May Transport and infrastructure The Transport for London (TfL) has planned closures of the Northern line starting from January, which will affect Bank, London Bridge, and Borough for four months. Starting on 12 January, eight stations will be out of action on weeknights from 10pm until the end of May, as TfL carries out engineering work for track replacements. [...]
Autumn Budget: Pay-per-mile tax ‘completely wrong move’ Transport and infrastructure Chancellor Rachel Reeves has hit electric vehicles with a pay-per-mile tax which will cost the average driver £255 per year and raise £1.1bn for the Treasury. Reeves delivered the expected 3p pay-per-mile tax for electric vehicles (EVs) at today’s Budget, which she framed as a fairness measure to balance the costs facing drivers. The OBR, the independent fiscal [...]
Eurotunnel ‘pursuing legal process’ with government over business rates November 20, 2025 The firm behind the Channel Tunnel train will pursue legal action against a UK government agency and pull out of all its future investment in Britain unless plans to triple its business rates bill are aborted. Eurotunnel is poised to scrap its multimillion-pound plans to revive a major freight terminal in east London and cancel [...]
Reeves to put brakes on Cycle to Work scheme in blow to City November 13, 2025 Chancellor Rachel Reeves could slam the brakes on the Cycle to Work scheme at the upcoming Budget in a blow to City commuters, it has been reported. The Chancellor is expected to cut tax benefits on salary sacrifice schemes, including in the buying of expensive bikes, according to a report in the Financial Times. “Cycle [...]
Full steam ahead for Trainline as it raises its end of year guidance November 5, 2025 London listed ticketing app Trainline has seen its shares rocket after the firm raised its pre-tax profit guidance. Total revenue inched up 2 per cent year by year to £23m from £229m in the first half of the year. Free cash flow hit £79m, while basic earnings per share increased by 54 per cent to [...]
Northern line chaos into fourth day October 23, 2025 Commuters who rely on one of the busiest Tube lines are facing a fourth day of delays and disruption, with Transport for London (TfL) still warning Londoners to “avoid the Northern line”. According to TfL, the problem comes from “a fault with the signalling equipment” around the Stockwell area, in South-West London, but officials are [...]
NetJets: Losses spike at Warren Buffett’s private jet company October 10, 2025 Losses at the UK arm of NetJets, the private jet company owned by Warren Buffett’s Berkshire Hathaway more than doubled during its latest financial year, it has been revealed. The division has posted a pre-tax loss of $11.2m (£8.4m) for 2024, new accounts filed with Companies House show. The total comes after NetJets UK also [...]
Lime bikes: UK sales spike as expansion continues October 7, 2025 Turnover at the UK arm of shared bikes provider Lime has spiked as its expansion across London continues, it has been revealed. Lime Technology has reported a turnover of £111.3m for 2024, according to new accounts filed with Companies House. The total is up significantly from the £63.5m it achieved in 2023. However, the latest [...]
London City Airport’s profit has almost doubled October 6, 2025 Profit at London City Airport almost doubled in 2024 thanks to a rise in passenger numbers, it has been revealed. For its latest financial year, the airport’s pre-tax profit increased from £6.6m to £11.8m. New accounts filed with Companies House also show its turnover rose from £102.6m to £115m. Passenger traffic increased by 4.6 per [...]