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...High Speed 2 is set to get the green light to dig a 4.5-mile tunnel under central London within weeks, with the government expected to release over £1bn of taxpayer cash for the work, according to Whitehall...
...All these factors are helping inflation come down earlier than central banks expected only last year....
...However over the same period, house prices in Cambridge increased by 78 per cent while pay grew by only 23 per cent, making only Central London less affordable for buying a home....
First-quarter operating profit sharply misses analysts’ expectations after payouts related to driver lawsuits
Shares in JAL and ANA have barely budged in the past year
...The line is the first in a series of high-speed rail projects that are intended to ultimately link central Europe with Ukraine, Moldova and the western Balkans....
...Some 4.7bn people are expected to take to the skies in 2024, according to the International Air Transport Association. That is 200mn more than the pre-pandemic high set in 2019....
...The Labour party has asked transport secretary Mark Harper to explain plans to release £1bn in taxpayer’s money to allow High Speed 2 to start tunnelling under central London despite promises that private...
...He was previously head of the North West and Central region for Network Rail, the government-owned rail infrastructure owner....
...Transport secretary Mark Harper met the French company’s chief executive Henri Poupart-Lafarge in the UK capital on Tuesday to discuss an order for 10 new Elizabeth Line trains for Transport for London....
...Once the BoJ is no longer the sole major central bank still locked in ultra-loose mode, runs the argument, a revaluation of the yen will come due....
...Hundreds of black-cab drivers have signed up to drive for Uber since November, when it launched its latest effort to add traditional London taxis to its transport app....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...Transport for London warned on Monday that it was facing a funding shortfall after securing just half of the £500mn grant it had asked for from central government to keep the capital’s transport network...
...The “week of action” that began on Monday has blocked traffic on several of Germany’s main transport arteries....
...Industry-wide ASK has shrunk 5.6 per cent over the same period as many carriers retrenched during the pandemic, according to the International Air Transport Association....
Carrier says production problems have held up negotiations as it announces deal with Airbus
Annual rainfall in 2023 was down by about a quarter compared to normal levels, researchers said
A tie-up with Frontier might be the cleanest way forward
...Last month, it warned it was facing a funding shortfall after securing just half of the £500mn grant it had asked for from central government to keep the capital’s transport network running this year....
...Inflation remains above the central bank’s target range of 1-3 per cent. Rents, housing and energy were the principal drivers of inflation, offsetting cheaper transport....
Dara Khosrowshahi became entitled to award after meeting targets set before ride-hailing group’s IPO
Collapse in would-be buyer’s share price suggests the market thinks this deal will stay grounded
...Along with falling sales at Tesla and BYD, the world’s two biggest sellers of battery-powered vehicles, it is a sign of trouble for the crucial shift towards green transport in the 21st century....
...The score for Tesla, with its transformational contribution to the shift away from fossil fuel in road transport, is just 40, below all of the world’s five biggest listed tobacco companies....
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