Pendragon: Car dealership’s profits leap as it finds itself in three-way bidding war RETAIL Car dealership Pendragon has posted higher half-year profits as the group finds itself at the centre of a three-way takeover tussle. Its half-year figures, which come just hours after it revealed a rival bid approach from US car retail giant Autonation, show pre-tax profits rising 10.6 per cent to £36.4 million in the six months [...]
HS2: Five Labour mayors including Burnham and Khan to demand PM keeps project on track HS2 Five Labour mayors will gather in Leeds to issue a joint plea to the Prime Minister not to cut HS2 further. Rishi Sunak is facing a political backlash over reports he is weighing axing the Birmingham-Manchester leg of HS2 amid soaring costs. On Tuesday, Home Office minister Chris Philp said Mr Sunak was reviewing how [...]
Now even Tom Brady’s Birmingham City pals are annoyed about HS2 HS2 HS2 may be cut back due to runaway costs - which will no doubt irritate Tom Brady and pal, Birmingham City owner Tom Wagner
Former Tory PMs hit back at ‘desperate’ move to ditch HS2 to Manchester September 23, 2023 Former premiers have warned Rishi Sunak about “delivering a mutilated HS2” after his Conservative Government refused to deny it was considering axing the Manchester leg. Boris Johnson said suggestions the Birmingham to Manchester route could be chopped over cost concerns were “desperate” and “Treasury-driven nonsense” as he urged the Prime Minister to deliver on the [...]
Starmer rejects ‘great rail betrayal’ tag – but refuses to commit to HS2 in full September 22, 2023 Sir Keir Starmer has insisted he is not guilty of the “great rail betrayal” that Labour has accused the Government of by not committing to building HS2 in full. Chancellor Jeremy Hunt has said the costs of the high-speed rail project to the North are “getting totally out of control” as Rishi Sunak refuses to [...]
Strikes by train drivers in early October will leave some areas with no services (including for Tory conference) September 22, 2023 Rail passengers are being warned that fresh strikes by train drivers in a long-running dispute over pay will mean some areas will have no services. Members of train drivers union Aslef will walk out on Saturday September 30 and Wednesday October 4, coinciding with the annual conference of the Conservative Party. The drivers will take [...]
Dott ends London e-bike service due to ‘high fees and varied regulations’ September 22, 2023 E-bike firm Dott has ended its London service because it was not possible to “run a financially sustainable” operation in the capital – just as its renewed e-scooter scheme takes off on Monday. The company, which recently won a new contract as part of Transport for London’s e-scooter trial which starts on Monday, insisted it [...]
Transport Select Committee sets tests for rail strike minimum service levels September 22, 2023 MPs have set the Government a series of tests over its controversial new law on minimum levels of service during rail strikes. The Transport Select Committee outlined a number of principles for what ministers should include in regulations due to be published following the passing of legislation. Unions are strongly opposed to the law, warning [...]
Heavy rain causes delays and cancellations on lines into London Kings Cross and Moorgate September 21, 2023 Rail passengers faced some cancelled and altered services on Thursday morning in the wake of heavy rain overnight. A National Rail statement said all lines between London Kings Cross / Moorgate and Stevenage, Hertfordshire are closed following “a number of incidents”. “Trains may be cancelled, delayed by up to 90 minutes or revised,” the statement [...]
Angry car makers: Delaying petrol and diesel ban will damage EV investment in UK September 20, 2023 Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds of millions to meet targets. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), said the policy change will cause “concern” among car makers. It has [...]