Guy Taylor

London

Transport and Infrastructure Correspondent at City A.M.

Articles

Transport secretary confirms two-year delay after 'shambolic mess’

1 week ago | cityam.com | Matt Kenyon |Guy Taylor

Wednesday 18 June 2025 2:50 pm HS2: Transport secretary confirms two-year delay after ‘shambolic mess’ Shadow transport secretary Gareth Bacon conceded that “it has long been apparent that HS2 was not going to plan”. (Photo by Leon Neal/Getty Images) Transport secretary Heidi Alexander has confirmed that HS2 will be delayed by two years, slamming previous handling of the project as an “appalling” and “shambolic mess”.
British shipowner looks to wind to propel green transition

3 weeks ago | cityam.com | Guy Taylor

Friday 06 June 2025 4:09 pm London shipowner looks to wind to propel green transition Transport Reporter A London-based shipowner is spearheading a drive to bring wind-powered shipping to the forefront of the UK’s bid to decarbonise. A London-based private shipowner is spearheading a drive to bring wind-powered shipping to the forefront of the UK’s bid to decarbonise. Union Maritime will take delivery of a 115,000-tonne oil tanker fitted with 120ft sails later this month. It is aiming to...
Is the government right to ban bonuses at water companies?

3 weeks ago | cityam.com | Guy Taylor

Friday 06 June 2025 11:11 am | Updated: Friday 06 June 2025 11:12 am Is the government right to ban water company bonuses?
Melrose founders’ Rosebank strikes £1.4bn deal

3 weeks ago | cityam.com | Guy Taylor

Friday 06 June 2025 10:11 am | Updated: Friday 06 June 2025 10:12 am Melrose founders’ Rosebank strikes £1.4bn deal Transport Reporter Simon Peckham, a veteran City dealmaker, set up cash shell Rosebank last year alongside six former Melrose executives. Rosebank Industries, the investment vehicle led by Melrose founder Simon Peckham, has struck a £1.4bn deal for a North American electrical components business. The acquisition of Electrical Components International (ECI), the company’s first,...
Water boss bonus ban comes into force amid Thames Water crisis

3 weeks ago | cityam.com | Guy Taylor

Thursday 05 June 2025 10:30 pm | Updated: Friday 06 June 2025 7:07 am Thames Water: Water boss bonus ban comes into force Transport Reporter Thames Water is among six utility firms to be banned from paying out bonuses by the government. Six water companies including crisis-hit Thames Water will be banned from paying bonuses to senior bosses. The companies impacted are Thames Water, Yorkshire Water, Anglian Water, Wessex Water, United Utilities, Southern Water. If any of them pay bonuses while...
IAG: British Airways owner faces shareholder revolt

3 weeks ago | cityam.com | Guy Taylor

Thursday 05 June 2025 2:15 pm IAG: British Airways owner faces shareholder revolt Transport Reporter IAG was the best-performing FTSE 100 stock in 2024 British Airways owner IAG is set to become the latest FTSE 100 company facing a shareholder revolt over pay awards to its top execs. Influential proxy adviser ISS has urged IAG investors to vote against a remuneration policy which includes a one-off share award for CEO Luis Gallego, at the group’s next annual general meeting on 18 June, Sky...
Room for one more Eurostar rival, says regulator

3 weeks ago | cityam.com | Guy Taylor

Thursday 05 June 2025 8:05 am Room for ‘at most’ one more Eurostar rival, says regulator Transport Reporter The watchdog has been assessing capacity at Temple Mills International depot after Eurostar claimed it was “basically full.” There is space for “at most” one more rail operator at Eurostar’s key east London train depot, the UK’s railways watchdog has said in a blow to a host of operators keen to deliver high-speed services to Europe. The Office of Rail and Road (ORR) has been assessing...
Wizz Air profit tumbles as outlook remains uncertain

3 weeks ago | cityam.com | Guy Taylor

Thursday 05 June 2025 7:39 am Wizz Air: Profit tumbles despite record traffic Transport Reporter Wizz Air reported a hefty drop in annual profit as it grapples with long-running supply chain issues and conflict Ukraine and the Middle East. Wizz Air reported a hefty drop in annual profit as it grapples with long-running supply chain issues and conflict in Ukraine and the Middle East. Revenue rose 3.8 per cent to €5.3bn. The turbulence has been such that it has refrained from giving guidance...
Zonal pricing proposals backed by peers

3 weeks ago | cityam.com | Guy Taylor

Thursday 05 June 2025 6:00 am | Updated: Wednesday 04 June 2025 5:44 pm Zonal pricing proposals backed by peers Transport Reporter Plans to introduce a “zonal pricing” regime to the UK’s electricity market have been backed by an influential group of Lords. Plans to introduce a “zonal pricing” regime to the UK’s electricity market have been backed by an influential group of Lords. The committee is comprised of influential peers including former Downing Street chief of staff Lord Udny-Lister...
MPs warn of 'sub-optimal' culture nuclear waste site

3 weeks ago | cityam.com | Guy Taylor

Wednesday 04 June 2025 6:00 am | Updated: Tuesday 03 June 2025 2:31 pm Sellafield: MPs warn of ‘sub-optimal’ culture at UK’s most hazardous nuclear site Transport Reporter Sellafield is managed by the Nuclear Decomissioning Authority (NDA) and is responsible for around 85 per cent of the UK’s nuclear waste. MPs have warned of a “sub-optimal” culture at the UK’s most hazardous waste site following whistleblower allegations. Sellafield in Cumbria is managed by the Nuclear Decomissioning...