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Labour is about to shred its green credentials over Heathrow’s third runway | Letters

This is aviation’s equivalent of HS2, writes John McDonnell MP, while Nick Hodgkinson says a government serious about climate commitments should not allow any airport to expandIs there any section of Labour support that its Treasury team hasn’t alienated yet? With Rachel Reeves’s personal backing, Heathrow airport has brought forward its ludicrous plans for a third runway (Heathrow submits ‘shovel-ready’ plans for third runway, 1 August).As a result, we are about to shred the party’s green credentials and mobilise not just the mass environmental...

Profits halved at tariff-hit Jaguar Land Rover [subscription]

The company said US levies had a 'direct and material impact on profitability and cashflow' as it reported results for the three months to the end of June

Saturday, 09 August 2025

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  • Labour is about to shred its green credentials over Heathrow’s third runway | LettersThis is aviation’s equivalent of HS2, writes John McDonnell MP, while Nick Hodgkinson says a government serious about climate commitments should not allow any airport to expandIs there any section of Labour support that its Treasury team hasn’t alienated yet? With Rachel Reeves’s personal backing, Heathrow airport has brought forward its ludicrous plans for a third runway (Heathrow submits ‘shovel-ready’ plans for third runway, 1 August).As a result, we are about to shred the party’s green credentials and mobilise not just the mass environmental...

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City AM

  • Maserati: UK profit surges as sales accelerate Profit at the UK arm of Maserati has almost doubled in the last four years as its sales continue on their upward trajectory. The car maker, which is owned by Stellantis, has reported a pre-tax profit of £326,000 for 2024, up from the £321,000 it posted in 2023. The latest figure is up from the [...]
  • Jaguar Land Rover: Trump's tariffs cost car maker millions Jaguar Land Rover has revealed how much US President Donald Trump's tariffs have impacted its finances during the first three months of its financial year. The car maker has confirmed that its revenue in the three months to 30 June, 2025, fell by 9.2 per cent to £6.6bn. Its pre-tax profit was also slashed by [...]
  • Motor finance: Lords sound alarm on FCA's redress scheme The House of Lords' Financial Services Regulation Committee has sounded the alarm on "market uncertainty" around the UK financial watchdog's upcoming motor finance redress scheme. In a letter addressed to the Financial Conduct Authority's chief executive Nikhil Rathi, the committee "considers it of importance" to receive further insight into the forthcoming scheme. The City watchdog [...]

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Chartered Institute of Logistics and Transport

  • Traffic commissioners publish 2024-25 annual reportThe Traffic Commissioners for Great Britain published their 2024-25 annual report to the Secretary of State yesterday, detailing performance against strategic objectives and evaluating the current state of the transport industry. The report highlights three key areas of concern: vehicle maintenance, fair competition, and bridge strikes. It examines current economic and security issues alongside driver shortages and industry innovation, using real cases from public inquiries to illustrate key issues. During 2024-25, the commissioners processed 12,345 operator licence applications and variatio...
  • University partnership creates carbon cost calculator for vehicle componentsAston University Business School has teamed up with West Bromwich manufacturer Metal Assemblies to cerate what has been described as a 'UK First', calculating and reporting the carbon cost of every metal component used in car production. Labelled the 'Knowledge Transfer Partnership (KTP)', the university hopes it will transform how vehicle parts are made and regulated, setting a new standard for transparency and low-carbon manufacturing across Europe.  The project will collect and analyse data on energy consumption at Metal Assemblies based on...

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Rail Magazine

  • Strikes announced by rail staff at CrossCountryStrikes have been announced by members of the RMT union at CrossCountry Trains after a dispute regarding enhanced pay for rest day working and Sundays across all grades amongst its train staff could not be resolved.

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