By: Guy Taylor

Transport Reporter Guy Taylor is the Transport and Infrastructure Correspondent at CityAM He has interviewed key figures in UK aviation and rail and has a particular interest in investigative reporting. He was highly commended in MHP's 30 to watch award for young journalists in 2025.

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Virgin Atlantic hits out at Heathrow ‘failings’ as high costs delay post-pandemic recovery

May 10, 2023

Virgin Atlantic said today that challenges surrounding last years passenger cap at Heathrow and ongoing economic uncertainty affected its final year results, with the airline not expecting to return to profit in 2023. In its 2022 full year results, the airline highlighted “industry wide challenges,” such as July’s 100,000 passenger limit introduced at Heathrow and [...]
Used car market accelerates as consumers opt for cheap vehicles amid rising bills

May 10, 2023

The UK’s used car market saw its biggest quarter of growth since 2020 today, as consumers opt for cheap motors amid higher bills and the sector benefits from the knock-on effects of the semi-conductor shortage ease. The figures, published by the Society of Motor Manufacturers and Traders (SMMT), showed that the UK market for second-hand [...]
Tui: Shares down as travel giant eyes return to profit with strong summer getaway bookings

May 10, 2023

TUI reported its revenues overtook pre-pandemic levels in its half year results this morning, as it cashed in on increased bookings and a boom in summer travel demand. The travel company reported revenues of £2.78bn (€3.2bn), a £870m (€1.bn) improvement on the previous year, with bookings hitting 12.9m across the winter and summer seasons. Losses [...]
National Express ditches name as coach firm goes ‘Mobico’

May 10, 2023

National Express is to change its parent company name to Mobico Group PLC, from June 2023. The coach operator said it believes the name ‘Mobico’ “better reflects” the “international nature” of the group, as it continues a shift to mass transit. Ignacio Garat, group chief executive at National Express said: “Whilst National Express is a [...]
Government permits ‘long lorries’ on British roads – but are they safe?

May 10, 2023

The Department for Transport (DfT) has today announced legislation permitting ‘long lorries’ to be rolled out on UK roads, estimating a £1.4bn boost to the economy as a result. The new laws will allow longer semi-trailers (LSTs) of up to 18.55 metres on British roads, over two metres more than the standard size, from 31 [...]
60 business leaders warn Sunak to bring Great British Railway plans forward – or jobs and investment will be on the line

May 9, 2023

Sixty business leaders have written to Prime Minister Rishi Sunak today, urging him not to delay legislation that would establish Great British Railways (GBR) beyond the current parliament. The letter, which was also addressed to Transport Secretary Mark Harper and Rail and HS2 Minister Huw Merriman, argued that pushing the reforms into the long grass [...]
Elizabeth Line: Workers to walk out later this month on London’s most popular route

May 9, 2023

Elizabeth Line workers will strike on Wednesday 24 May in what is the latest industrial action to hit London’s most popular line. The action brought by members of the Transport Salaried Staffs’ Association (TSSA) union announced today, is part of an ongoing pay dispute between operational staff, such as traffic and response managers, and TfL. [...]
Direct Line faces ‘bumpy road ahead’ as motor claims soar

May 9, 2023

Direct Line warned that rising motor claims would put pressure on earnings today, as it published its first quarter results. The company reported a 9.7 per cent rise in first-quarter underlying gross written premiums to £805.7m. The insurer warned its motor segment would continue to “put pressure” on earnings, as damage related claims tick higher [...]
London cabbies’ green ambitions slowed by poor EV charging set-up, warn taxi firms

May 8, 2023

Taxi firms have called for more action from government and City Hall to address failures in London’s EV charging infrastructure, which they argue is slowing the transition to electric fleets. “There’s work to be done on infrastructure,” Liam Griffin, CEO of Addison Lee, told CityAM “When we signed up to this, there were all [...]
Electric cars running out of charge as sales forecast downgraded

May 4, 2023

Electric vehicle (EV) sales forecasts have been lowered despite nine consecutive months of growth in the UK car market, as concerns build over inadequate charging infrastructure in the UK. According to the Society of Motor Manufacturers and Traders’ (SMMT) forecasts, 22.6 per cent of new car registrations will now be battery electric vehicles (BEVs) by [...]

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By: Guy Taylor

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