Used car prices continue to soar despite sky high inflation rates February 15, 2022 Sky high inflation rates have yet to hinder the exponential growth of the used car market, as prices continue to grow for the 93rd consecutive week. According to Auto Trader figures, prices have registered a 29 per cent like-for-like increase on the same period last year, going up to an all time high of £20,340. [...]
Wandsworth ramps up EV infrastructure roll out February 15, 2022 Wandsworth has increased its electric vehicle (EV) infrastructure push, adding more sites to the roll out begun last year. The council’s deployment sites will go up from 26, six of which already live, to 35, comprising 65 dual-socket charge points which will charge up to 130 vehicles at a time. The points will be operated [...]
Tous à bord: Brits flock to Channel Tunnel for half-term getaway following end of restrictions February 15, 2022 During this half-term, British holidaymakers have flocked to the Channel Tunnel following the end of all travel restrictions for double-jabbed travellers to the UK. Data released today revealed that around 17,000 cars and 50,000 passengers travelled between 11 and 13 February aboard the Eurotunnel’s passenger shuttles. On Friday, Eurotunnel’s Flexiplus tariff recorded its best performance [...]
Suez Canal to expand two-way section by 10km February 15, 2022 The Suez Canal’s two-way section will see a 10km expansion, according to Osama Rabie, chairman of the Suez Canal Authority (SCA). The chairman said in a press conference that, following the expansion, the canal will only go from 72km to 82km, as it is too expensive to expand the whole waterway. Rabie added that the [...]
Zenobe bags National Express contract for 130 electric buses February 15, 2022 Battery provider Zenobe has bagged a contract with National Express to supply 130 electric buses as well as charging infrastructure and replacement batteries. Jointly funded by National Express and Zenobe, the project will also tap into Department for Transport’s (DfT) funding. The fleet, built by NFI group, will operate in Coventry with Zenobe taking charge [...]
Going west: Wizz Air applies for US cargo licence February 15, 2022 Low-cost carrier Wizz Air is reportedly planning an expansions towards west, as it has applied for a transatlantic licence. The Budapest-based airline has applied to the US Government for an “initial foreign air carrier permit” to carry out cargo operations between Hungary and Washington. The news comes as the company’s chief executive Jozsef Varadi is [...]
Tory MP Nigel Adams pushed for biomass subsidies while receiving £62,000 in donations from industry February 15, 2022 It has been reported that one of the strongest biomass supporters in parliament, Nigel Adams MP, received more than £60k in donations from the industry while lobbying the government to provide biomass companies with subsidies. Adams reportedly accepted £62,411 in donations between 2012 and 2016, including more than £30,000 to attend a number of conferences [...]
Hong Kong hit by surging cases as city looks to sue airline for flying in Omicron February 15, 2022 A surge in Covid-19 cases is overwhelming Hong Kong’s emergency resources, despite the city’s infamously strict measures. Beijing has offered help to the financial hub, Hong Kong leader Carrie Lam said today. The city has maintained central government’s ‘zero-Covid’ stance on the virus, which has seen mass testing, quarantines and local lockdowns in the face [...]
John Menzies dubs offer from Kuwait suitor as ‘fundamentally undervaluing’ firm February 15, 2022 Aviation services firm John Menzies has dubbed a rejected offer from NAS Holding as “opportunistic”. In an update on the London Stock Exchange on Tuesday, the firm said the offer made by NAS Holding, a subsidiary of Agility, was “opportunistic [and] conditional” with terms that “fundamentally undervalue Menzies and its future prospects.” A cash proposal [...]
Brazil’s Jair Bolsonaro gives green light for extensive gold mining in Amazon rainforest February 15, 2022 The president of Brazil, Jair Bolsonaro, announced last night his government has launched plans to allow a significant expansion of gold mining activities in the Amazon rainforest. The decision was condemned and criticised by environmentalists around the world amid warnings more mining could further damage the Amazon, namely by deforestation and pollution. Bolsonaro signed a [...]
