London to Glasgow train record attempt falls short by… 21 seconds June 17, 2021 An attempt to break the 37-year-old record for London to Glasgow by train ended with the Pendolino 39004 arriving at Glasgow Central Station 21 seconds over time. The previous record was set at 3 hours 52 minutes and 40 seconds in 1984 by a BR Advanced Passenger Train (APT). Pendoli-nope Officials said the attempt missed [...]
Rolls-Royce lays out plans to be net zero by 2050 June 17, 2021 Engine-maker Rolls-Royce has today said that it will reach net zero emissions by 2050 as it looks to boost investment into carbon dioxide-free technologies. The FTSE blue chip said that it would lift the percentage of its yearly research and development spend – which was about £1bn a year before the pandemic – that it [...]
Ryanair sues Government over traffic light rules as ministers mull exemptions for vaccinated Brits June 17, 2021 Ryanair to sue Government over traffic light rules as ministers mull exemptions for vaccinated Brits
Pandemic crash: Almost 200,000 UK travel jobs lost or at risk due to Covid crisis June 17, 2021 Around 195,000 people working in the UK travel industry have either lost their job or are at risk of losing their job due to the Covid-19 crisis. The sector employs around 526,000 people across the UK in ordinary times, meaning that more than a third (37 per cent) of all jobs in the sector face [...]
Trainline ticket sales rebound 269 per cent after May’s £100m loss June 17, 2021 Trainline has posted a staggering 269 per cent UK ticket sales increase in its first quarter, which raked in £237m to partially offset May’s £100m operating loss. In the highest level since the start of the pandemic, the train and coach travel platform brought home £334m in total sales in the 14 weeks to 31 [...]
Khan’s ‘Streetspace’ appeal upheld in blow for London’s taxis June 16, 2021 Sadiq Khan has this evening won his battle against London’s cabbies over the controversial “Streetspace” scheme. The Court of Appeal has upheld the Mayor’s appeal against a High Court judgement which deemed that the programme, which is designed to encourage walking and cycling during the pandemic, was introduced unlawfully. In his appeal, Khan argued that [...]
Ford and Samsung among firms ‘in talks’ over UK battery gigafactories June 16, 2021 Ford and Samsung are considering building battery “gigafactories” in the UK as the government seeks to drive investment in the electric vehicle sector. The FT reported that ministers were in talks with six firms in total, including Nissan and South Korean electronics firm LG, over the locations of the new facilities, which are seen as [...]
Addison Lee becomes London’s largest taxi firm with ComCab deal June 16, 2021 Addison Lee has inked a deal to acquire black cab operator ComCab, creating the capital’s largest private hire and taxi firm. Under the terms of the deal, Addison Lee will purchase the London operations of ComCab, City Fleet Networks and Flightlink International from the ComfortDelGro Corporation. The combined company will have over 7,000 vehicles, making [...]
Howard Davies: Heathrow airport expansion ‘not needed at the moment’ June 16, 2021 Howard Davies: Heathrow airport expansion 'not needed at the moment'
Moody’s downgrades TfL’s debt, says pandemic damage ‘unlikely to be reversed’ June 15, 2021 Credit agency Moody’s has this evening downgraded Transport for London’s (TfL) debt, saying that the transport network’s finances have “been durably and materially weakened by the pandemic”. The ratings agency said that the government’s unwillingness to provide “clarity” on the operator’s long-term finances meant that “this erosion in its financial strength is unlikely to be [...]
