Homeserve to sell Piedmont policy book for $22m December 13, 2021 Home repairs international firm Homeserve announced this morning its intention to sell to gas company Piedmont its policy book, as shares went down 3.67 per cent. Homeserve cited PiedmonHomeserve cited Piedmont’s acquisition by US energy giant Duke as the main reason for selling the policy books built during the two companies’ partnership, set to expire [...]
UK airlines set to ask Treasury for extension to Covid loans December 12, 2021 Bosses from British Airways, Virgin Atlantic and easyJet are set to ask the Treasury to extend their Covid-19 loans and provide further economic help in light of new restrictions imposed by Boris Johnson last week. Chief executives from the three airlines will meet with civil servants at the Treasury today to discuss the proposals, after [...]
Superyacht orders hit record as industry glides through the pandemic December 12, 2021 Over 1,200 superyachts have been ordered, marking a jump of 25 per cent compared to last year as demand for luxury cruisers has surfed over the pandemic, according to reports. The orders for superyachts hit a new record according to data in the latest edition of Boat International’s Global Order Book, and as reported in [...]
UK bolsters free HGV driving course capacity by 11,000 spots in bid to plug shortage December 10, 2021 The UK has boosted the capacity for its intensive HGV driving courses, as the government looks to plug the gaps in the UK’s driver shortage. The trickling supply of lorry drivers has deepened the supply chain disruption the country has been facing over the past 18 months. The scheme has been widened to allow a [...]
Heathrow to employ ‘thousands’ ahead of next summer once Plan B eases December 10, 2021 The newly imposed Covid-19 Plan B have dampened Heathrow’s hopes of securing confidence in travel, as the restrictions weigh on already faltering demand. Demand remains 60 per cent below pre-pandemic levels, despite the US reopening its coveted travel corridor in November. “High level of cancellations by business travellers concerned about being trapped overseas because of [...]
Train operator Go-Ahead admits to ‘serious errors and failures’ as shares suspended December 9, 2021 Train operator Go-Ahead Group has seen the trading of its shares temporarily suspended as it admitted to serious errors and failures in the way it ran the Southeastern rail franchise.
Stansted owner calls to rescind restrictions as losses mount December 9, 2021 Stansted airport’s owner the Manchester Airports Group (MAG) has called on the UK Government to rescind the latest travel restrictions as the company continues to struggle because of the pandemic. In the six months ended 30 September, the group – which owns Manchester, Stansted and East Midlands airports – reported a £75.7m loss before interest [...]
HS2 signs £2bn deal to create the UK’s fastest trains December 9, 2021 HS2 has signed a £2bn contract with manufacturers Hitachi and Alstom in a bid to produce the fastest trains ever seen in Britian.
Megabus to double service at Christmas December 9, 2021 Megabus will double its service to ensure customers can see their families over Christmas. The bus operator has said it will operate over 9,000 miles on 25 December, reaching 48,000 miles worth of trips on Boxing Day. Across the whole festive period, Megabus coaches will travel over half a million miles around the country. “After [...]
TfL to ban private e-scooters and e-unicycles from its premises December 9, 2021 Transport for London (TfL) has announced it will ban all privately-owned e-scooters and e-unicycles from its premises following safety concerns. To be implemented from Monday, the ban will restrict passengers from boarding any service – including the Tube, buses and trams – if they are carrying an e-scooter or e-unicycle. “Our primary concern is always [...]
