Londoners may be set for bumper 5 per cent TfL fares hike in 2022 July 15, 2021 Londoners could face a 5+ per cent hike in Tube fares next year as Transport for London (TfL) is forced to adjust its prices to ballooning inflation. Under the terms of TfL’s most recent government bailout, the transport body has to increase its prices each year by 1 per cent more than the retail price [...]
Hammersmith Bridge to reopen to pedestrians and cyclists this weekend July 15, 2021 The Hammersmith bridge will reopen to pedestrians and cyclists this weekend, Hammersmith & Fulham council have announced this afternoon. Last August the crossing was closed to all users amid fears of a “catastrophic failure” after a heatwave enlarged cracks in the structure. But after a series of safety investigations and the introduction of a temperature control [...]
Test and trace: 10 per cent of Nissan workers told to self isolate July 15, 2021 Hundreds of staff at Nissan’s Sunderland car plant have been told to self isolate by the NHS Test and Trace app, as Covid-19 case numbers have spiked in the area. Roughly 700 workers have been “pinged” by the app, causing disruption to the plant’s production. Sunderland reported 955 Covid cases per 100,000 people last week, [...]
Airline shares fall as Balearics moved to amber, MPs call for furlough extension July 15, 2021 Airline shares took another fall this morning as the industry reacted with dismay to the announcement that the Balearic Islands would be added back onto the “amber list” from Monday. The decision to reimpose additional restrictions on the popular holiday destination comes just weeks after Majorca, Menorca and Ibiza were added to the “green list”. [...]
Sydney Airport rejects $17bn buyout offer July 15, 2021 Sydney Airport has this morning rejected a $16.6bn buyout offer from a group of infrastructure fund, foiling what would have been one of Australia’s biggest takeovers. The firm behind the airport said that its board had unanimously rejected the bid as undervaluing the firm and not being in the best interest of shareholders. The offer [...]
Gigafactory firm Britishvolt mulling London listing July 15, 2021 The firm behind the UK’s first battery gigafactory for electric cars has said it is now considering a London listing by the end of next year’s second quarter. In an interview with Bloomberg, Orral Nadjari, the chief executive of Britishvolt, said that the recent overhaul of London listing rules was behind the decision. Britishvolt had [...]
EU to ban petrol car sales by 2035 and slash aviation fuel tax exemption in massive climate push July 14, 2021 The EU today unveiled a huge package of climate-based reforms including an effective ban on the sale of new petrol and diesel vehicles from 2035. Under the proposals, the European Commission said it was targeting a 100 per cent reduction in emissions from cars by the middle of the next decade. In order to push [...]
Face masks to remain compulsory on London Tube and buses July 14, 2021 Face masks will remain compulsory on London Tube and bus services despite the wider easing of lockdown measures under new plans unveiled by mayor Sadiq Khan. While the legal requirement to wear face masks will end on 19 July, the mayor said he was “not prepared to stand by and put Londoners, and our city’s [...]
‘The longest wait of my life’: Carlos Ghosn recounts Japan escape July 14, 2021 Former Nissan boss Carlos Ghosn has given his first account of his stunning escape from Japan by hiding in a box for storing musical equipment. In an interview with the BBC, Ghosn, who was arrested in 2018 for financial misconduct and spent most of a year under house arrest before escaping, recounted his flight. “The [...]
Upper Crust owner SSP’s boss to step down at end of the year July 14, 2021 Upper Crust and Ritazza owner SSP today said that chief executive Simon Smith would leave the firm at the end of the year. The firm said that Smith was departing to join a private equity-backed firm. SSP has started the search for a successor for Smith, who joined the business in 2014 and became chief [...]
