By: Guy Taylor

Transport Reporter Guy Taylor is the Transport and Infrastructure Correspondent at City A.M. He covers anything from rail and aviation to the UK's biggest infrastructure projects.

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May bank holiday traffic: 17 million car journeys in ‘busiest weekend’ since 2016

April 25, 2023

Traffic levels are set to soar, with this weekend set to be the busiest since 2016, according to research conducted by the RAC and transport analytics firm Inrix. Over 17 million journeys will take place over the long weekend, beating the 14.6 million predicted for the King’s coronation, as Brits opt to watch the event [...]
HS2 boss: We didn’t know how much Euston would cost to deliver until last year

April 24, 2023

HS2’s chief executive Mike Thurston told the Public Accounts committee today that the Euston development of the project was a long way from its initial target – and that the costs of the last stretch of the line into London were poorly understood until 2022. Thurston told the committee “candidly, it was only until we [...]
Elizabeth Line: More trains and improved timetable to mark new London favourite’s first birthday

April 24, 2023

The Elizabeth Line will mark its one year anniversary with speedier travel and an improved timetable, TFL announced today. The popular line will see a swathe of improvements from Sunday 21 May, as it reaches the final milestone of the Crossrail project. Londoners can expect more trains and faster journeys on a number of routes, [...]
Evri to ‘triple’ deliveries as it rolls out e-cargo bikes in London and Leeds

April 24, 2023

Delivery titan Evri has launched new plans to triple annual parcel deliveries using electric-cargo bikes. Evri, formerly known as Hermes will expand its e-cargo bike fleet to London and Leeds this year, as the company looks to reduce carbon footprint in the ‘last mile,’ of its deliveries. Evri said that its services completed 154,000 deliveries [...]
Week Ahead: Aldi and Lidl tightening the screw on Sainsbury’s as retailers fight to retain price-wary customers

April 23, 2023

The supermarket giant is set to report a fall in annual pre-tax profits this week, posting up to £690 million, down from £730 million last year. According to the latest Kantar survey, Sainsbury’s reported a strong 12-week sales growth of 12 per cent at the end of March, but fell short of rivals Aldi and [...]
YSL splashes out record rent on Bond Street as luxury sector shrugs off cost of living concerns

April 23, 2023

Luxury goods company Kering is set to pay a record rent for the UK, after agreeing a lease for Bond Street’s Yves Saint Laurent store. Market sources told The Sunday Times that Kering will cough up £13m a year for the six-storey West London store, beating Ralph Lauren’s previous record of £11m. The luxury group [...]
Exclusive: Uber joins CBI exodus

April 23, 2023

Uber is pausing its engagement with the CBI, City A.M. has learnt. The ride-hailing tech firm is the latest in a string of companies who have either ditched the organisation or suspended their engagement in the last few days, following reports of sexual misconduct by senior CBI members. Uber’s decision will be yet another blow [...]
Inflation drives record rise in car insurance premiums – with Londoners worst hit

April 20, 2023

Soaring inflation has led to a record 20 per cent jump in UK car insurance premiums – the sharpest rise in a decade. Drivers are now paying on average £107 more for their car insurance than they were this time last year, according to the latest results from Confused.com’s Car Insurance Price Index. London motorists [...]
Jet2 having a ‘Goldilocks’ moment as travel group hikes its profit expectations

April 20, 2023

Leisure travel company Jet2 has raised its profit expectations to between £387m and £392m this morning, for the year ending 31 March 2023. The company has reported sale seat capacity for Summer 2023 as 7.2 per cent higher than the previous year, at 15.26 million. Forward bookings remain encouraging, with package holiday customers representing just [...]
Experts fear UK will be left behind in lucrative race to develop self-driving cars

April 20, 2023

Developers of self-driving technology have warned that the UK risks losing its ability to compete in the AV market, due to delays in regulation . “Flip-flopping” on legislation will prove highly detrimental for attracting investors, Dr Sarah Gates, Director of Public Policy at AV developer Wayve, told City AM. According to Gates, it has reached [...]

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Premiership run-in: Saints and Bath will impact top four

Here We Are, National Theatre, review: Stephen Sondheim musical is more Severance than sing-a-long

By: Guy Taylor

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