‘September surge’ continues apace as Tube and bus passengers rise again September 7, 2021 Commuters continued to rush back to public transport this morning, new figures from Transport for London (TfL) show, with both Tube and bus passenger numbers up sharply again this morning. Between 7am and 8am, there were 298,600 “taps” on the Tube, up 33 per cent on last week and 8.0 per cent on yesterday, while on [...]
TfL seeks new partner for cable car with Emirates deal set to end September 7, 2021 Transport for London (TfL) is seeking a new commercial partner for the cross-Thames ‘Air Line’ cable car with Emirates’ decade-long sponsorship set to end next year. Since it opened in 2012 ahead of the London Olympics, there have been over 13m journeys on the capital’s only cable car. The 1km line, which links Greenwich to [...]
Watch: Daimler presents all-electric Mercedes EQE at Munich car show September 7, 2021 Daimler has presented their new Mercedes EQE, the first fully electric vehicle for the premium carmaker’s high-performance AMG brand and a concept car for its luxury Maybach brand ahead of the Munich IAA car show opening. Watch the full report.
Global chip shortage casts shadow over Munich car show September 7, 2021 Car manufacturers are busy unveiling new electric vehicles at the Munich car show, but the global shortage of chips is casting a shadow over the event. Watch the full report.
Cairn Energy plans £500m shareholder bonanza following Indian tax windfall September 7, 2021 London-listed oil and gas firm Cairn Energy said this morning that a long-running tax dispute with India is nearing its conclusion, paving the way for a £506m handout to shareholders. Bosses said today they expect the country’s government to hand over close to £770m after officials seized a stake in its Indian operations as part [...]
BA pilots at Gatwick to be paid less than Easyjet’s September 6, 2021 British Airways pilots working for the carrier’s newly-announced subsidiary at Gatwick will reportedly be paid less than pilots at low-cost rival Easyjet. The Telegraph reported that junior captains will be paid between £97,000 and £114,000, while Easyjet captains earn from £108,000 to £148,000. The new pay structure is part of plans by the carrier to [...]
September surge: Tube records busiest morning since March 2020 September 6, 2021 This morning saw the busiest start to a day on the London Underground since the beginning of the pandemic in March 2020, Transport for London (TfL) said this morning. By 10am, Tube usage was up 17 per cent week-on-week, the network said, while bus passenger numbers jumped 39 per cent. There were 831,000 “taps” into [...]
Cinch signs deal with NFL to sponsor London matches September 6, 2021 Used car marketplace Cinch has today announced a new sponsorship deal with American Football’s National Football League. Under the deal, the firm will become the presenting partner of the NFL London Games and lead partner of NFL UK from the start of the 2021 season. Cinch’s branding will appear both at Tottenham Hotspur’s stadium for [...]
Silver Lake takes stake in breakdown firm RAC September 6, 2021 The RAC this morning said that private equity giant Silver Lake would take a stake in the breakdown assistance firm. The California-based investor will join GIC and CVC Strategic Opportunities I as a co-shareholder in the company. RAC chief executive Dave Hobday said that the new investment offered the firm a “fantastic opportunity to accelerate [...]
Ryanair ends negotiations with Boeing over new 737 Max 10 order September 6, 2021 Ryanair has today walked away from negotiations with Boeing over an order for its new 737 Max 10 after failing to agree on a price for the jets. Discussions over a deal have been ongoing for 10 months, but the two sides could not close the gap on price, the budget carrier said. As a [...]
