TfL savings target upped to £650m amid concerns over ‘managed decline’ December 14, 2023 Transport for London must find £650m in savings by 2025/26, according to its draft business plan and amid calls for a funding arrangement.
TfL wins battle to develop South Kensington tube station as government overrules council December 13, 2023 The planned redevelopment of South Kensington tube station has got to the go ahead from the Planning Inspectorate.
Are dividends under threat at Vodafone, BT and peers? December 12, 2023 Why are dividends looking unsustainable for big telecom companies at a time when connectivity is so important?
Taxpayers and passengers hit by competition issues in railway station catering market, watchdog warns December 12, 2023 A lack of competition in the railway station catering market is driving up costs for passengers and taxpayers, the rail watchdog has warned.
Saudi sweep for majority control of Heathrow divides London MPs December 11, 2023 News that Saudi Arabia could be set to take majority control of Heathrow Airport has divided London MPs.
Half of Heathrow Express services cancelled as rail chaos also hits Elizabeth Line (again) December 11, 2023 Train passengers on major routes through are being hit by fresh disruption, with Heathrow and the Elizabeth Line impacted. Heathrow Express, which serves the UK’s busiest airport, Heathrow, cancelled half its services on Monday. The operator said this was because of “more trains than usual needing repairs at the same time”. Heathrow Express, Great Western [...]
WH Smith boss’s pay jumps 78 per cent to £2.9m as after travel charges resurgence December 11, 2023 Around four-fifths of the larger pay deal was linked to performance-based bonuses after the company saw sales and profits jump.
Rail regulator warns online ticket sellers ‘drip pricing’ December 11, 2023 Online train ticket sellers have been accused of using so-called 'drip pricing' tactics to glean more money from consumers.
Heathrow passenger traffic dips amid Saudi takeover speculation December 11, 2023 Heathrow Airport's passenger traffic has slowed amid speculation over a possible Saudi-state backed consortium seizing control of the hub.
Could Saudi Arabia be set for majority control of Heathrow? December 10, 2023 Saudi Arabia could take majority control of Heathrow airport, as shareholders moot an offer from a group of Saudi-state backed investors.