EV and low emission zones are not a panacea says e-bike boss October 24, 2021 Electric cars are not a “panacea that’s gonna fix everything”, said David Watkins, chief operating officer and cofounder of e-bike subscription service DASH Rides. “A more sustainable city is not going to be car-focused, even if that car is an electric vehicle,” he told City PM “We need to move to a different way of [...]
City Hall calls for a long term London transport plan as regions set to receive £7bn Budget boost October 23, 2021 City Hall has warned that there can be no UK recovery without a strong London recovery in transport as it was revealed that Chancellor Rishi Sunak will allocate almost £7bn in next week’s Autumn Budget to funding urban transport in city regions across England. In a move aimed at the government’s “levelling up” agenda, cities [...]
Sunak set to hike long-haul flight costs through air passenger duty Budget ‘overhaul’ October 23, 2021 Chancellor Rishi Sunak is plotting an air passenger duty hike for flights to long-haul destinations like Australia, Japan and South Africa in his Autumn Budget next week, as a penalty for their environmental damage. Passengers flying to such destinations can expect to pay more after the Chancellor has laid out his plans next week for [...]
Car reliance hits 15-year high as Londoners commute less and switch to driving October 23, 2021 Reliance on cars has reached a 15-year high despite a drop in commuting, according to a new survey. More than four out of five (82 per cent) Londoners in an annual RAC poll of motorists said they would struggle without access to a car. That is up from 79 per cent last year and 74 [...]
Scottish rail strike threatens to spoil the COP26 climate party in Glasgow October 22, 2021 A long-running rail dispute could see staff take strike action during the forthcoming UN Cop26 climate change summit. Nicole is being urged to personally intervene to resolve the row. Mick Lynch, general secretary of the RMT union, accused rail bosses of having “dragged their heels over further talks”, despite the fact that the “clock is [...]
UK on the EV podium as country leads the way compared with EU October 22, 2021 The UK is leading the way in terms of its preparedness to adopt electric vehicles (EV) and go fully green. According to a new report by driving education provider Zutobi, Britain comes after Norway in terms of number of registered EVs while it stands out when considering the number of EV searches per 100,000 people. [...]
Nexus on track for 2022 as smart energy business skyrockets October 22, 2021 Nexus expects to see its revenues grow and reach £138m for the year ended 30 September as a result of its smart energy business skyrocketing in the last 12 months. In a trading update released today, the infrastructure business has revealed that its order book has been maintained, with a £286.8m total standing registered in [...]
Woman convicted after assaulting TfL officers who wanted her to wear mask October 21, 2021 A woman has been sentenced to a 12-month community order after she assaulted two Transport for London’s (TfL) Transport, support and enforcement officers in December 2020. The defendant, Keia Williamson, was accused of being verbally abusive to officers after being asked to comply with the Covid-19 safety measures that required people travelling on the London [...]
London float: Staycation demand convinces Travel Chapter it’s time to go public October 21, 2021 To cash in on the recent demand in staycations across the UK, holiday let firm Travel Chapter has announced plans to float in London. The company, which operates more than 8,000 properties across the UK, will float on the London Stock Exchange’s junior AIM market. It is understood the listing is expected to value the [...]
Who wants to be a trillionaire? Musk in the race as Tesla profits hit record October 21, 2021 Morgan Stanley analysts believe Tesla’s founder and chief executive Elon Musk could become the world’s first trillionaire after the company’s results hit records, the Telegraph reported. The company’s revenues jumped 57 per cent to $13.7bn, with an operating income of $2bn and a 30 per cent increase in automotive gross margin while its shares more [...]
