As travellers are plunged into airport chaos, we must finally lighten the load of their baggage April 7, 2022 Finally, travel bosses thought they were in the clear. The pandemic restrictions had receded, customers were returning to the skies, and airports were full again. Only now they are too full and sickness among airport staff has created chaos at airports as families, desperate to go away for the school holidays, try to make their [...]
Just Eat Takeaway urged to sell Grubhub by activist investor October 25, 2021 Just Eat Takeaway (JET) has been urged to sell or spin-off its US arm Grubhub by an activist investor by the end of the year. Investor Cat Rock Capital has said the food delivery firm’s management “failed to fix the deep and damaging undervaluation of its equity by taking tangible action to unlock the value [...]
Brits still spooked over public transport as spending lies well below pre-Covid levels August 11, 2021 Covid-19 still has Brits spooked about public transport, despite the UK lifting restrictions, as cash dished out on trains and buses remains well behind pre-pandemic spending. Consumer spending across public transport sits 30 per cent below figures seen in 2019, according to new data from moneysaving app Snoop. Meanwhile, petrol has enjoyed a 90 per [...]
Uber in talks to sell Indian food delivery business to Zomato in $400m deal December 16, 2019 Uber is said to be in talks to sell its Indian food delivery business to local rival Zomato in a deal worth roughly $400m (£299m). The ride-hailing giant is looking to offload Uber Eats in India to Zomato as part of its plan to reach profitability by 2021, according to several media reports. Read more: [...]
Uber launches new safety measures in bid to secure a London licence November 14, 2019 Uber passengers will now be able to report discrimination immediately as a part of the app’s push to quell fears about safety and secure a long-term London licence later this month. The ride-hailing app was given a two-month licence extension by Transport for London (TfL) in September. TfL said it needed to see more evidence [...]
A summer of discontent is the unions’ fight for power in the modern workforce June 23, 2022 This week, London was awash with bikes and e-scooters as the biggest rail strikes in thirty years kicked off on Tuesday. Other unions were watching closely as they plan for their own industrial action. Some are calling it the summer of discontent, as a waterfall of job losses and long hours stir up a storm [...]
I’m not leaving this sofa: Takeaway orders soar during England goal-feast July 6, 2021 Football fans made over one million orders on JustEat over the course of Saturday evening as England waltzed past Ukraine in Rome. The match kicking off in the primetime slot of 8pm on a balmy Saturday evening encouraged 2,500 orders being placed per minute. The most popular order was burgers, followed by pizza. While the [...]
Uber co-founder Travis Kalanick offloads $550m in shares November 11, 2019 Uber’s ousted co-founder and chief executive Travis Kalanick has sold nearly 21 per cent of his stake in the ride-hailing app since restrictions on trading expired last week. Read more: Uber shares hit record low after IPO lock-up expiry In a series of transactions, Kalanick sold more than 20m shares worth roughly $547m (£425m), according [...]
Why did Uber lose its London licence and what happens now? November 25, 2019 Transport for London’s (TfL) decision to not renew Uber’s licence may come as a shock to its 3.5m users in the capital, but what does it actually mean in the short-term? TfL cited various reasons to effectively ban Uber from the capital, but can Uber appeal it and if so, what are its chances of [...]
London taxi giant Addison Lee goes fully electric by pumping £160m in 4,000 cars September 21, 2021 London’s largest taxi company, Addison Lee, has pledged it will operate only electric vehicles from 2023. The London firm said it is investing £160m to shift its 4,000-strong fleet to electric. This will involve putting 200 Volkswagen ID.4 vehicles on the capital’s roads every month from November. The commitment is the largest single order of [...]