HSBC analysts: Tesla’s robotaxi fleet won’t turn a profit until 2033
A newly published report by analysts at HSBC suggests that the potential market for driverless taxis was “widely overestimated” and warned that it could take years before robotaxi fleets began returning a profit, The idea that robotaxis would be more profitable than their human-driven counterparts was based on a misconception, says Business Insider. Although robotaxi […]
Government earmarks £63m for at-home EV charging
Drivers across England are set to benefit as the Government announces a £63 million investment package to supercharge Britain’s electric vehicle infrastructure, driving down charging costs and putting money back in the pockets of working people as part of the Plan for Change. A pioneering £25 million scheme for local authorities will expand access to cheaper at-home […]
Private parking code of practice consultation launched by Government
Ahead of preparing a new code of practice, the Ministry of Housing, Communities and Local Government (MHCLG) is setting out its proposals for raising standards across the private parking industry before preparing a new Government Code of Practice and a compliance framework for parking operators. The Parking (Code of Practice) Act 2019 (the Act) requires […]
RAC responds as Government launches crackdown on ‘misleading’ private parking firms
The RAC’s head of policy, Simon Williams, has issued a response to the Government’s efforts to tackle the issue of private parking companies’ unethical practices. “We desperately need a government-backed private parking code of practice to be brought into force to protect drivers,” said Williams. “But it’s important to realise this latest consultation is only happening […]
Midlands Connect says closure of M1junction could cost economy ‘millions a day’
Research released by Midlands Connect reveals that the unplanned closure of the M1 motorway between junctions 28 and 29 due to unexpected disruption could result in substantial economic losses. Losses are estimated to be around £113 million per day, primarily due to increased travel times and delays resulting from the unavailability of an equivalent alternative […]
Dorset plans new A30 safety measures after recent fatalities
Dorset Council has announced that appropriate action is ti be taken by the end of this summer to improve safety on the A30 near Sherborne. This is in response to a Coroner’s report and a number of serious and fatal road traffic collisions at Loscombe Crossroads. The measures, to be introduced by the council, follow a report […]
National road safety operation launched to tackle the fatal four causes of collisions
Throughout July, Essex Police will be supporting a national road safety campaign to both educate and act as a deterrent to road users by focussing on causes of collisions. The aim of this operation is to protect our communities and neighbourhoods by disrupting criminal activity on roads in Essex and reduce the number of people […]
GRAHAM delivers £16m Chelmer Waterside Bridge project
Chelmer Waterside Bridge now named “Bow Bridge Road” has officially opened, delivering a vital new infrastructure link that enhances connectivity and supports regeneration in the city of Chelmsford. Following 18 months of construction work by contractor GRAHAM, the distinctive 50-metre pedestrian and road bridge, featuring twin bowstring arches made from weathering steel. The new bridge […]
Police unsure who to charge after pulling over self-driving Waymo for illegal turn
The question of what happens when an autonomous vehicle commits a driving offence has long-been in the thoughts of industry professionals. Last week police in the US were forced to find an answer as a video uploaded to TikTok appears to show a Waymo vehicle in California being pulled over after making a wrong turn in […]
GRAHAM reports strong profit growth and strategic momentum in FY2025
John Graham Holdings Limited (GRAHAM) has announced its financial results for the year ended 31 March 2025, delivering a year of strong profitability, strategic progress, and continued investment in innovation, sustainability, and leadership. Despite a modest 6% decline in revenue to £1.06 billion (2024: £1.12 billion), the Group achieved a 71% increase in profit before […]