Guy Taylor

London

Transport Reporter at City A.M.

Articles

US still attracts British execs despite Trump turmoil

14 hours ago | cityam.com | Guy Taylor

Wednesday 14 May 2025 3:53 pm British execs still fly to US despite Trump turmoil, data suggests Transport Reporter Data from the travel tech firm Navan shows year-to-date bookings for UK-US corporate trips have risen by nearly a quarter year-on-year. Business travel across the pond has increased this year despite concern over policy developments under President Trump, data suggests. Data from the travel tech firm Navan, shared with City AM, shows year-to-date bookings for UK-US corporate...
Eurostar routes could see double-decker trains

18 hours ago | cityam.com | Guy Taylor

Wednesday 14 May 2025 12:04 pm Eurostar routes could see double-decker trains Transport Reporter Alstom boss Henri Poupart-Lafarge told the Financial Times the trains would increase traffic on routes between London and Europe. Chief executive Henri Poupart-Lafarge told the Financial Times the trains would increase traffic on routes between London and Europe, which are traditionally operated by Eurostar. “The double-decker train has a lot of advantages. It’s a very high-speed train with the...
Tui shares slump as losses widen after quitting London

20 hours ago | cityam.com | Guy Taylor

Wednesday 14 May 2025 10:29 am Tui shares slump as losses widen after quitting London Transport Reporter Shares in Tui have failed to impress since the travel operator ditched the UK for Germany. They are down around three per cent in the last 12 months. Shares in Tui have slumped as losses widened despite a bumper performance from its cruise segment. Underlying operating losses increased by €18m to €207m (£174.3m) even as second quarter revenue rose from nigh-on breakeven to €3.7bn. Shares...
Just how super is London's new super sewer?

1 day ago | cityam.com | Guy Taylor

Wednesday 14 May 2025 6:00 am | Updated: Tuesday 13 May 2025 10:17 pm Thames Tideway: Just how super is London’s new super sewer?
Bosses insist bonuses are justified for running 'hair raising' Thames Water

1 day ago | cityam.com | Guy Taylor

Tuesday 13 May 2025 12:06 pm Bosses insist bonuses are justified for running ‘hair raising’ Thames Water Transport Reporter Thames Water has been at the centre of growing anger over pollution and its mounting debt pile Bosses at Thames Water have defended taking bonus payouts of £770,000 even as pollution incidents rose by nearly half. Chief executive Chris Weston and Chair Sir Adrian Montague are spearheading a turnaround at the crisis-hit utility, which narrowly avoided bankruptcy earlier...
Nissan confirms 20,000 job cuts and plans to close seven plants

1 day ago | cityam.com | Guy Taylor

Tuesday 13 May 2025 9:46 am Nissan confirms 20,000 job cuts and plans to close seven plants Transport Reporter Nissan is grappling with huge losses as it struggles with a downturn in demand and ferocious competition in the Chinese market. Nissan has confirmed plans to slash 20,000 jobs as it unveiled a wide-ranging cost programme that will see operations cease at nearly half of its production facilities. The Japanese carmaker said it would consolidate its vehicle production plants from 17 to...
Huge power outage hits London Underground network

2 days ago | cityam.com | Guy Taylor

Monday 12 May 2025 4:01 pm Huge power outage hits London Underground network Transport Reporter Commuters board a carriage at Bank London Underground (Photo by Dan Kitwood/Getty Images) A power outage has disrupted services across the London Underground, according to Transport for London (TfL). Services on the Bakerloo and Waterloo and City Lines are completely suspended, while the Elizabeth Line and Jubilee Line are part suspended. Both the Northern Line and Picadilly Line are also suffering...
Nissan job cuts stretched to 20,000 - reports

2 days ago | cityam.com | Guy Taylor

Monday 12 May 2025 3:02 pm Nissan job cuts stretched to 20,000 – reports Transport Reporter Nissan is grappling with huge losses as it struggles with a downturn in demand and ferocious competition in the Chinese market. Nissan plans to slash as many as 20,000 jobs amid a wider restructuring of the struggling Japanese carmaker’s business. The company expects a net loss of ¥750bn (£3.8bn) for the fiscal year 2024, which ran until the end of March. Further details of the plans will be revealed...
Share price of British Airways owner 'significantly undervalued'

2 days ago | cityam.com | Guy Taylor

Monday 12 May 2025 12:05 pm IAG: Share price of British Airways owner ‘significantly undervalued’ Transport Reporter IAG was the best-performing FTSE 100 stock in 2024 IAG’s share price has been dubbed “significantly undervalued” by analysts as flight numbers soar and the airline group shrugs off wider political and economic headwinds. The bumper results came despite wider concerns that geopolitical turmoil and erratic policy developments in the US would impact the bottom line. Transatlantic...
Heathrow airport scores record April

2 days ago | cityam.com | Guy Taylor

Monday 12 May 2025 10:20 am Heathrow airport scores record April Transport Reporter Heathrow Airport, British Airways Airbus A380 comes in to land Heathrow Airport reported an increase in transatlantic passenger traffic in April despite President Donald Trump’s policy changes sparking a sharp downturn in US tourism. Some 1.8m passengers travelled between North America and the UK’s busiest hub over the month, up 5.5 per cent year-on-year. Overall, almost 7.1m passengers travelled through...