London’s hospitality sector to lose £2.3bn as commuter numbers lag October 25, 2021 The slower return of commuters aboard trains could cost London’s hospitality sector £2.3bn, warned membership body Rail Delivery Group. Data from the group revealed that commuters into London are slower when it comes to getting back to the office, as on 41 per cent of pre-pandemic train commuters have returned, compared with 54 per cent [...]
Shipping will not reach net zero without a carbon tax says industry report October 25, 2021 The global shipping sector is going in the wrong direction when it comes to net zero commitments, as it is currently at risk of registering a 20 per cent increase in its greenhouse gas emissions by 2050. According to a report from Maersk McKinney Moller Center for Zero Carbon Shipping, at the current pace only [...]
Heathrow to become hub for eVTOLs after deal with Vertical October 25, 2021 Electric vertical take-off and landing (eVTOL) vehicles could be flying from Heathrow within the next few years. Aerospace and technology company Vertical has announced a collaboration with the London hub to explore how aerial taxis could fly people from the airport to the City in around 12 minutes and at the cost of a taxi. [...]
Angry London rail cleaners take their fight over pay to Churchill’s Fleet Street offices October 25, 2021 Cleaners employed by Churchill who clean trains and stations across London and the Southeast will take their fight over pay to their company headquarters today. The cleaners are employed by Churchill to clean trains and stations for the Thameslink, Southern, Great Northern and Southeastern franchises, which run trains across London and the Southeast of England. [...]
First deal for new UK Infrastructure Bank as it pumps £107m into green energy hub October 25, 2021 The brand new UK Infrastructure Bank said this morning it plans to invest £107m in the South Bank Quay development at Teesworks, a green energy hub in Teesside, North-East England, creating around 800 jobs. The deal marks the first investment for the bank, which launched in June of this year to finance innovative infrastructure projects, [...]
ULEZ from today: London’s £12.50 pollution charge zone for older vehicles 18 times larger October 25, 2021 From today, drivers of vehicles which do not comply with minimum emissions standards are being charged £12.50 to drive into London’s Ultra Low Emission Zone (Ulez). The new rules come as London’s pollution charge zone for older vehicles has been significantly expanded, by 18 times, affecting tens of thousands of London motorists. The Ulez has [...]
Green, open and fiscally responsible: business demands revealed ahead of Budget October 25, 2021 UK businesses are calling on the Chancellor to focus on attracting investment back into the country as well as using incentives, rather than purely taxes, to transition to a greener economy. Data from EY’s Budget survey revealed that two third of the 1,000-plus businesses interviewed listed attracting investments as their main priority. However, respondents also [...]
No public support for France’s short-haul ban says Ryanair’s boss October 24, 2021 Ryanair’s boss Michael O’Leary said French President Emmanuel Macron is lying when he says there is public support for the French Government’s ban on short-haul flights, the Telegraph reported. “Be very careful with the French,” the paper reported him saying. “You can always tell when the French are lying because their lips are moving.” O’Leary [...]
HS2 trains on Yorkshire leg will run on existing track as part of government scaling back October 24, 2021 As part of the UK Government’s scaling back on the HS2 project, high-speed trains will run on existing tracks between Yorkshire and the Midlands, the Independent reported exclusively. In addition to a station in Leeds, the government is said to build only a new line to connect the city to South Yorkshire, leaving high-speed trains [...]
Budget: Chancellor admits transport investments will get £1.5bn of new money October 24, 2021 Chancellor Rishi Sunak has admitted that out of the £7bn pledged for transport investments, only £1.5bn has not yet been allocated, the Independent reported. Speaking this morning on Trevor Phillips on Sunday, Sunak said the government “topped that up by £1.5bn” when asked about the actual amount of funding that will come from new money. [...]
