Fresh calls to fund TfL as more busted London Underground trains taken out of service September 4, 2024 City groups have launched fresh calls for a long-term Transport for London (TfL) funding deal, after new data revealed a more than doubling in the rate faulty London Underground trains are being taken out of service. Data obtained via a Freedom of Information request shows the out of service rate across the London Underground, which [...]
Go-Ahead gifts overseas owners over £80m in dividend payouts September 1, 2024 Go-Ahead Group, which runs the Govia Thameslink franchise, has paid out over £80m to its foreign owners as it brings back dividends.
More rail strikes coming: Aslef accuses LNER of ‘bullying’ and breaking agreements August 16, 2024 The Aslef train drivers union has called for industrial action every weekend until November, citing a “breakdown” in relations with the LNER train company. In an announcement this morning, the leader of the union said the company’s “continued failure” to sort out long-standing issues had “forced us into this position.” Drivers on the east coast [...]
HS2: Cancelling northern leg will cost £100m – and make everything worse July 23, 2024 The total cost of completing High Speed Two (HS2) could reach nearly £60bn, according to the National Audit Office.
HS2 plans sweeping job cuts and major restructuring as it battles soaring costs July 18, 2024 HS2 Ltd, the private company overseeing the delivery of the high-speed railway line, is planning a sweeping round of job cuts and major restructuring as the embattled project's scope narrows following the cancellation of the northern leg.
King’s Speech: Labour outlines plan to nationalise rail operators July 17, 2024 King Charles said the new government would improve the railways by establishing Great British Railways and bringing rail operators into public ownership.
You think Britain’s railways are a mess? Take a look at Germany. July 15, 2024 Take a look around Europe and you'll find many of the continent's wealthiest countries also can't run a railway system properly.
No HS2, no problem: Plans for another train route linking London and Manchester unveiled July 1, 2024 London Northwestern Railway is looking to expand its service, which currently runs between the capital and Crewe, to Manchester Victoria.
Lack of train station catering options costing passengers, warns watchdog June 12, 2024 Railways station operators are being urged to create more competition between resident food outlets, as a study by a regulator concluded passengers are being let down by a lack of catering options.
What is driving Firstgroup’s returns against rival Mobico and Britain’s train operators? June 11, 2024 Investors in Firstgroup are set to rake in a bumper payout this year after profit surged. What's driving the growth?