Ride green: Uber Boat builds UK’s first hybrid high-speed passenger ferries January 20, 2022 Uber Boat by Thames Clippers has announced it is currently building the UK’s first hybrid high speed passenger ferries. Set to respectively launch in autumn 2022 and spring 2023, the ferries will operate solely on battery power when transporting commuters between Tower Pier and Battersea Power Station. “After the challenges of the last two years [...]
Fear of costs taking off as EU check in for airlines to pay for all their emissions January 20, 2022 Airlines are expected to pay for all their European CO2 emissions from 2026, a year earlier than what was initially proposed by the European Commission. According to a European Parliament’s draft, the bloc is re-examining its current climate policies, as it aims to cut 55 per cent of emissions by 2030 from 1990 levels, Reuters [...]
US gives green light to start talks on removing tariffs on British steel and aluminium that were imposed by Trump January 20, 2022 The Biden administration has agreed to start talks seeking to remove the tariffs on British steel and aluminium imposed by former president Donald Trump. International Trade Secretary Anne-Marie Trevelyan said she had held a “productive discussion” with US commerce secretary Gina Raimondo on Wednesday. She said that they desire a “resolution as soon as possible [...]
UK start up secures ‘significant’ investment from Hyundai to build aerial taxis ports January 20, 2022 British start up Urban-Air Port (UAP) announced today it has secured ‘significant’ funding from Hyundai’s urban air mobility division Supernal to build sites for aerial taxis, also called vertiports. With the funding – the amount of which could not be disclosed – UAP will build 200 vertiports within the next five years, while the world’s [...]
AA goes against vaccine sceptics, slashing sick pay for unvaccinated staff January 19, 2022 The AA is slashing extra sick pay for unvaccinated staff that needs to self-isolate following a Covid contact. In an email sent to its 7,000 workers, the AA said that unvaccinated workers who don’t have a medical exemption, will not get sick pay if they have to quarantine, the Telegraph first reported. “All staff who [...]
Used car prices continue ‘to defy gravity’ fuelling 30-year inflation record January 19, 2022 The increase in used car prices shows no sign of stopping and keeps on ‘defying gravity’, according to Auto Trader’s data and insights director Richard Walker. “To call the second-hand car market buoyant would be an understatement and, with new car supply remaining tight, consumer demand currently shows no sign of wavering,” Walker said. According [...]
Fly me to Seville: Vueling opens new Gatwick base, adding five routes January 19, 2022 IAG’s subsidiary and low-cost carrier Vueling has opened a new base at Gatwick, adding five new routes to Spanish cities such as Seville, Granada and Menorca. Flights from Gatwick to Malaga, Seville and La Coruna will begin on 1 April while the Gatwick-Menorca and Gatwick-Granada will start flying passengers from the day after. All the [...]
Lime invests £20m in London after hitting five million rides record January 19, 2022 E-scooter and e-bike provider Lime will invest £20m in London over the next year and a half after hitting 5 million rides. The company will use part of the funding to upgrade its network of e-scooters, bringing to market its latest model, trialled during Christmas. The new electric scooters will have a new braking system [...]
Growing 5G panic prompts more airlines to cancel flights to US January 19, 2022 Several airlines including Lufthansa and British Airways (BA) have either cancelled or rescheduled their flights to the US as a result of concerns over today’s roll out of 5G services across the country. In addition to cancelling a flight from Frankfurt to New York, the German carrier and its subsidiary Austrian Airlines swapped aircraft, with [...]
Ford gains $8.2bn from Rivian investment January 19, 2022 Automotive giant Ford has made an $8.2bn gain from its investment into California electric truck maker and Tesla rival Rivian, following its November market debut. Reporting its fourth quarter results in early February, the Detroit car maker has also announced it would reclassify a $900m non-cash gain from the investment as a special item. As [...]
