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Transport and infrastructure

  • Mobico: National Express owner revs up a gear as shares rebound on Cosmen family backing

    January 11, 2024

    National Express owner Mobico may be turning a corner. Shares rallied 30 per cent in the last month after the Cosmen's upped their stake.

  • Stansted boss predicts another bumper year for aviation after 2023 rebound

    January 11, 2024

    London Stansted Airport reported record passenger numbers in December, continuing its post-Covid resurgence.

  • HS2 boss admits London to Birmingham line could actually cost £66bn

    January 10, 2024

    The costs of the HS2 line from London to Birmingham could be as much as £66bn, according to the scheme’s executive chair, Jon Thompson. Thompson told the transport select committee on Wednesday that despite the current estimate being upwards of £56.6bn, the first phase of the high-speed rail project could add “between £8bn to £12bn,” [...]

  • Eton: Thames Water sewers flood as £46,000-a-year school forced to delay term

    January 10, 2024

    Thames said “recent heavy rainfall, along with high groundwater levels and river flooding, caused our local sewer system to overload.  

  • Should the London Underground have dynamic pricing? Sadiq Khan is ‘mulling’ it

    January 10, 2024

    Sadiq Khan has confirmed he is “mulling over” dynamic pricing for London’s transport network in a bid to get more people using the Tube. Talks are ongoing between Transport for London (TfL) and the mayor’s office to look at how pricing structures can better reflect the public’s post-pandemic travel habits, a City Hall source confirmed [...]

  • Rolls-Royce and Boeing-backed rocket maker Reaction Engines looks to cut costs ahead of cash deadline

    January 10, 2024

    Hypersonic rocket-engine developer Reaction Engines is cutting costs as cash dries up and has warned it could run out by June.

  • E-scooters: Tier and Dott to merge as operators struggle for profit

    January 10, 2024

    E-scooter and e-bike firms Tier and Dott, two of the biggest players in Europe's micromobility market, are set for a merger.

  • Red Sea attacks: Why Suez Canal traffic collapse could power higher inflation

    January 10, 2024

    The number of container ships arriving at the mouth of the Red Sea plunged 90 per cent year-on-year through the first week of January.

  • New £10 charge to change at Heathrow will ‘hand lead’ to European rivals

    January 10, 2024

    New Home Office red tape on visa-exempt travellers entering the UK will divert passengers to Europe, Heathrow has warned

  • Boeing 737 Max 9: Why Ryanair is kicking up a fuss over embattled planemaker

    January 9, 2024

    The crisis engulfing Boeing has dominated media headlines over the last week. Now Ryanair's CEO is kicking up a fuss about the planemaker.

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