First Group signs new deals for South Western Railways and Transpennine Express May 20, 2021 First Group has this morning agreed new contracts to continue running South Western Railway and the Transpennine Express. The new deals, the first contracts to be awarded under new plans to reform the UK rail network, will start at the end of May and last for two years. There will be the option to extend [...]
Musk’s UK visit fuels speculation a Britain-based Tesla plant is on the cards May 20, 2021 Elon Musk visited the UK last weekend, fuelling speculation that Tesla is exploring the possibility of setting up a car plant in Britain. The government’s new Office for Investment has called upon regional agencies to urgently submit potential locations for a new factory, the Telegraph first reported, a move that would add £80bn to Britain’s [...]
Croydon tram crash: Driver may have had ‘micro-sleep’ May 19, 2021 The driver of a tram involved in a fatal crash in Croydon in 2016 may have been “disorientated” following a so-called micro-sleep, an inquest has heard. Simon French, chief inspector for the Rail Accident Investigation Branch (RAIB), said there was evidence the driver thought he was travelling in the wrong direction. He told an inquest [...]
JetBlue to enter transatlantic market with London-New York flights from August May 19, 2021 Low-cost airline JetBlue said that it would make its transatlantic debut in August as it seeks to shake up one of the world’s most competitive aviation markets. The carrier will launch daily flights from New York to Heathrow and Gatwick airports from 11 August and 28 September respectively. Tickets are now on sale for its [...]
Ryanair wins EU court challenges against KLM and TAP state aid May 19, 2021 Ryanair has this morning won its legal challenges against billions of euros in state aid paid to two European airlines as a result of the Covid-19 pandemic. KLM, the Dutch wing of Air France, and Portuguese carrier TAP were granted a combined €4.6bn by the European Commission in response to the crisis in aviation. However, [...]
European car sales soar 250 per cent after lockdown May 19, 2021 European car sales soared back from lockdown lows last month, new figures from continental auto body ACEA showed today. Sales across the EU, EFTA, and UK rose 256 per cent altogether, rising from just over 292,000 cars last April to nearly 1.1m a year on. The massive rise is down to the fact that a year [...]
2035 zero emission car target a ‘mountain to climb’ for government, MPs say May 19, 2021 The government is facing a “mountain to climb” to deliver on its ambition to make all cars sold in the UK zero-emissions by 2035, MPs have said today. Ministers must address the twin challenges of up-front prices for electric cars, which remain notably higher than petrol and diesel cars, and providing enough charging infrastructure to [...]
Biden charges up $174bn electric vehicle plan in Michigan speech May 18, 2021 US President Joe Biden today called for government grants for new battery production facilities as he made the case for his $174bn (£123bn) electric vehicle plan today. During a speech at a Ford electric vehicle plant in Michigan, Biden vowed to “set a new pace” for the technology and reverse what he described as the [...]
$1.1bn EU pre-owned private jet market rebounded in the UK in 2020 May 18, 2021 The UK’s wealthiest bought 14 pre-owned private jets last year, worth $118.2m in total, nearly triple the number in 2019 due to pandemic travel restrictions, according to private jet broker Colibri Aircraft. The UK’s rebounding figure was because the pandemic grounded flights across the world, a spokesperson told City PM “There’s one client who said [...]
Jaguar Land Rover sinks to a loss after new CEO’s £1.5bn strategy reset May 18, 2021 Jaguar Land Rover sinks to a loss after new CEO's £1.5bn strategy reset
