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Transport & Infrastructure

  • Vertu Motors enjoys record revenue after bumpy year

    May 15, 2024

    Used car dealership Vertu Motors saw revenue and pre-tax profit rise in its annual results after a bumpy previous year forced the firm to issue a profit warning.

  • Elizabeth Line shines as it carries a record number of passengers

    May 14, 2024

    A record number of City commuters are using the Elizabeth Line, new data shows, despite concerns about a recent downturn in performance.

  • London-listed IQGeo shares soar as board agrees private equity takeover

    May 14, 2024

    IQGeo said it has received binding agreements to accept the takeover by private equity firm KKR from several shareholders.

  • A quarter of London’s Tube network now has 4G and 5G coverage

    May 14, 2024

    Around 25 per cent of all London's Tube lines now have phone signal, with further stations set to go live this month, Transport for London (TfL) has said.

  • Vodafone turnaround shows progress as it sweats on Three UK merger decision

    May 14, 2024

    Vodafone’s recently-sold Italian and Spanish divisions were offloaded so the company could focus on its better performing businesses.

  • Tribunal approves Stagecoach £25m settlement in train fare class action

    May 13, 2024

    Stagecoach South Western Trains have agreed to pay a class action up to £25m in settlement, bringing an end to its five year dispute.

  • London Stansted has busiest month ever as airlines brace for summer getaway

    May 13, 2024

    London Stansted Airport has reported its busiest month of passenger traffic ever as the summer season kicks off.

  • Heathrow Airport slams Government despite busiest day for more than four years

    May 13, 2024

    Heathrow Airport's busiest day for more than four and a half years helped passenger numbers continue to rise in April, according to new figures.

  • GLIL bags £475m pension injection after infrastructure spending spree

    May 13, 2024

    GLIL Infrastructure, the investment vehicle backed by the Local Government Pension Scheme (LGPS), has secured £475m in additional fundraising from its members as it looks to up spending on UK assets.

  • Why are private jets so irresistible to the country’s bigwigs?

    May 13, 2024

    City bigwigs and politicians seem set on using private jets to get around. Should we be up in arms or is it vital for efficiency?

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