Thames Water coughs up £11m to compensate 13,8000 businesses for wrong bills August 19, 2021 Following an investigation by regulator Ofwat, Thames Water has agreed to pay more than £11 million to 13,800 businesses for billing them the wrong amounts. The company said it would hand out the cash to non-household customers and water retailers for errors dating back to 2017 after the Ofwat probe. Investigators found data used to [...]
Semiconductor chip shortage puts on the brakes for Volkswagen and Toyota August 19, 2021 A semiconductor supply crunch is forcing world leading car manufacturers Volkswagen and Toyota to slash vehicle production. Toyota, the world’s largest car maker, announced it will cut production by 40 per cent in September. Instead of making 900,000 as planned the manufacturing giant will now produce just 500,000 cars. Likewise, Volkswagen’s parent plant in Wolfsburg [...]
First of its kind: Energy giant Wood secures £430m green transition loan August 19, 2021 London-listed energy and engineering giant Wood has secured a £430m government-backed green transition loan – the first of its kind in the fight against climate change. Firms operating in the UK’s “industrial heartlands”, like Aberdeen-headquartered Wood, will be backed by the government in its bid for net zero emissions by 2050, the government said in [...]
Eurostar ramping up services as London-Europe bookings jump by 98 per cent August 19, 2021 Eurostar has announced it is expanding its timetable due to growing demand for cross-Channel travel. The rail operator will run eight daily return services from 6 September until 1 November. Five trains will run in each direction between London and Paris. Three return services will operate on the London-Brussels route, one of which will be [...]
Veolia lures HGV drivers with £1,500 sign-on bonus as shortage swells to 100,000 August 19, 2021 French multinational Veolia told City PM this afternoon it is offering a £1,500 bonus for HGV drivers to join its waste collection operations across London. The move comes as businesses across the country are experiencing a drop in trained HGV drivers due to a combination of factors from Brexit, Covid-19 and a testing backlog. The [...]
Ryanair warns passengers against using Kiwi.com’s ‘fake boarding passes’ August 18, 2021 Ryanair has issued a stark warning to summer holidaymakers against using “fake” boarding passes issued to them by online travel agent Kiwi.com. Passengers that attempt to board using the forms issued by Kiwi will be denied boarding, Ryanair said, adding more uncertainty to a chaotic summer of travel. Kiwi.com responded to the threat saying the [...]
Mayor Khan pushes ahead with controversial Thames tunnel plans August 18, 2021 Mayor Sadiq Khan is pushing ahead with construction plans for the East End’s fourth and most controversial road river crossing. Construction of the £2bn Silvertown tunnel is well-underway and set for completion in 2025. The tolled road tunnel will span between the Royal Docks precinct and Greenwich peninsula, falling within the Ultra Low Emissions Zone [...]
Rail passengers to be hit with largest fare hike in a decade August 18, 2021 UK train passengers can expect the largest fare rise in a decade. Increases are usually linked to the previous July’s Retail Prices Index (RPI) measure of inflation, which was confirmed as 3.8 per cent for July 2021 by the Office for National Statistics today. No announcement has been made on what will happen to fares [...]
Six children and one parent injured after Tesla collides with pedestrians in British public school car park August 17, 2021 Six school children and a parent have been taken to hospital after they were hit by a Tesla car in the school car park of Ardingly College in West Sussex. One of the children was reportedly flown to hospital with serious injuries after the incident involving a blue Tesla Inc Model 3 car, during a [...]
Climate management solutions group Genuit sees revenue climb ahead of COP26 August 17, 2021 Climate management solutions group Genuit has had its half-year revenue climb to £295.6m as the need for climate conscious measures has gripped the UK ahead of COP26. Revenue was up 32.4 per cent on pre-pandemic levels, as the group worked with the construction industry to provide sustainable water, as well as climate and ventilation [...]
