Musk angers Zelensky and top Kyiv officials with controversial war tweet Elon Musk has angered Ukrainian President Volodymyr Zelensky and other top officials after he posted a controversial tweet on Monday night. The serial entrepreneur called on his 107.7 million followers to weigh in on the Ukrainian conflict. He claimed that the war will end with the UN supervising an elections’ redo in the occupied territories [...]
Heathrow to end daily passenger cap on 29 October HEATHROW CAP Heathrow has confirmed it will end its 100,000 daily passenger cap at the end of the summer flying season on 29 October. A Heathrow spokesperson said: “This cap resulted in fewer last-minute cancellations, better punctuality and shorter waits for bags. “We continue to work with all of our airline partners ahead of the winter season [...]
GLA Conservatives launch investigation into ULEZ expansion consultation ulez consultation GLA Conservatives have launched an investigation into the consultation on the ULEZ expansion after allegations emerged. Nick Rogers, GLA Conservatives’ transport spokesperson, wrote to London mayor Sadiq Khan demanding the consultation be opened to public scrutiny after the Telegraph this weekend reported that votes against the expansion might have been improperly removed. “TfL has excluded [...]
Majority of UK firms to ramp up business travel spending by next year October 3, 2022 The majority of UK businesses are set to ramp up their travel spending in the next year, according to research. Data published on Monday by American Express revealed that 68 per cent of UK companies would increase their business travel spending by at least 50 per cent, while four in ten firms are looking to [...]
Londoners face disruption as rail strike halts Overground on Wednesday October 3, 2022 Thousands of Londoners will face disruption on Wednesday as rail strikes halt all services on the Overground. Following a 24-hour strike on Saturday, train drivers at London Overground and 14 other operators will walk out in a long-standing dispute over salaries. Disruption will affect services on: Avanti West Coast, Chiltern Railways, CrossCountry, Greater Anglia, Great [...]
SMMT: UK automotive needs investments, not government handouts October 3, 2022 The UK automotive sector needs a renewed focus on investment, not government handouts – said industry executive Mike Hawes. According to Hawes – chief executive of the Society of Motor Manufacturers and Traders (SMMT) – car makers need a “competitive framework that is as competitive as many other countries with whom we trade and with [...]
Aston Martin bags hefty investment from Saudi sovereign fund in £654m raise September 30, 2022 Aston Martin has bagged a major investment from Chinese carmaking giant Geely today in a £654m capital raise to bolster its books.
Car firms push back against greenwashing allegations September 29, 2022 Car manufacturers have pushed back against allegations they are underreporting the indirect lifetime emissions of their vehicles. A report by European environmental NGO Transport & Environment (T&E) has accused nine of the world’s largest car makers – including Volkswagen, Toyota and BMW – of downplaying the indirect lifetime emissions of their vehicles by, on average, [...]
Councils call on Gov to deliver Bakerloo line extension to avoid £6.4bn output loss September 29, 2022 Southwark and Lewisham councils have called on the government to deliver the Bakerloo line’s extension, if ministers want to avoid £6.4bn in lost economic output. “London is the beating heart of the British economy and the Bakerloo Line extension is vital to Lewisham and London’s continued growth,” said Lewisham’s mayor Damien Egan. “It is a [...]
Porsche shares climb following €75bn IPO September 29, 2022 Posche’s stocks made a strong start on Thursday, climbing as high as 5 per cent following the luxury car maker’s €75bn (£67bn) Frankfurt IPO. Shares increased from an issue price of €82.50 to €86.78 by mid-morning before closing at €82.74. Chief executive Oliver Blume said the company was “very positive about the first price.” “Of [...]