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Transport & Infrastructure

  • Boeing receives additional confidence boost after Norwegian buys 50 737 MAX

    May 30, 2022

    Boeing has received an additional confidence boost after Norwegian Air announced it has placed an order for 50 737 MAX and secured options for a further 30 planes at an undisclosed price. Norwegian called today’s order a “landmark deal” as the carrier will go back to owning a significant chunk of its fleet, which is [...]

  • Not your time yet: Tube suicides down by half as successful staff interventions jump dramatically

    May 30, 2022

    The number of suicides on the London Underground are down by nearly a half in five years, new data reveals. TfL said this morning this is primarily driven by successful staff interventions, as those doubled between 2017 and 2021, totalling 2,225. London Underground’s Suicide Prevention Programme training encourages station staff to intervene if they believe someone [...]

  • Rapid rise of ‘advance fee’ loan scams: Cases rise by 90 per cent in just 12 months

    May 30, 2022

    So-called ‘advance fee’ loan scams have soared by more than 90 per cent this year, according to new data shared with City PM this morning. The rising number of cases comes as Lloyds Bank warned that, on average, the amount stolen from victims is around £231. “Advance fee” loan scams take place when victims applying [...]

  • Motorists brace themselves for chaos as 19.5m trips planned for Jubilee weekend

    May 30, 2022

    Motorists will need to brace themselves for a bumpy ride as 19.5m trips are planned for the Jubilee Bank Holiday weekend. According to data published today by RAC, Friday will be the most congested day due to a combination of people going for a day trip and families coming back from half-term holidays. The M25 [...]

  • P&O’s boss praised for ‘amazing job’ by Dubai owner despite sackings scandal

    May 30, 2022

    DP World, the Dubai-based owner of disgraced ferry operator P&O, has praised chief executive Peter Hebblethwaite for doing an “amazing job” when he fired 800 seafarers in March. Chief executive Sultan Ahmed bin Sulayem said P&O’s management took the decision without interference from the parent company and that could not be reversed, despite attempts by [...]

  • Smashing hit: More than 2m journeys on Elizabeth Line during first five days alone

    May 30, 2022

    The brand new Elizabeth Line proves to be a hit with Londoners, as more than one million passengers used the new Elizabeth line in its first five days. Since opening, the central section of the Elizabeth line between Paddington and Abbey Wood has seen more than one million journeys, TfL said this morning. Across the [...]

  • Car dealership profits up by sevenfold following post-Covid surge in demand

    May 30, 2022

    Profits at the UK car dealerships rose by more than a sevenfold in 2021 following a post-Covid surge in demand. According to data from accountancy group UHY Hacker Young, profits went up 627 per cent, from £105m in 2019/2020 to £764m a year later. Following the end of lockdown, new car sales went up as [...]

  • RMT union boss says rail strikes now ‘very likely’

    May 29, 2022

    Widespread rail strikes are now “very likely” to happen soon, according to the boss of the UK’s largest transport union. The National Union of Rail, Maritime and Transport Workers (RMT) boss Mick Lynch said he “can’t see a way out from the strikes at the moment”, after the union voted this week to hit the [...]

  • EasyJet and Tui cancel flights ahead of school holidays and Jubilee Weekend

    May 28, 2022

    Airlines EasyJet and Tui have said they plan to cancel hundreds of flights in the coming weeks, in disruption that threatens to cause chaos over Britain’s Jubilee Weekend. Budget airline EasyJet today said is set to cancel more than 200 flights over the next 10 days, just days after IT issues forced the firm to [...]

  • Brexit: UK ports introduce customs clearance fees in ‘bulls**t money-making exercise’ to recoup lost revenues

    May 28, 2022

    Ports across the UK have introduced so-called ‘customs clearance fees’ in an attempt to recoup lost revenues in border control posts as a result of delays to phytosanitary procedures. Ports in London, Tilbury, Southampton and Teesport are charging customers new, additional fees that range from £17 to £25 per entry. Moreover, Southampton and DP World [...]

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