Tesla takes a hit after Saudi fund invests $1bn in rival Lucid Motors September 17, 2018 Tesla shares dipped this afternoon after Saudi Arabia's sovereign fund pumped $1bn into rival Lucid Motors. Shares fell by two per cent today after it was revealed that the Public Investment Fund of Saudi Arabia (PIF) would help launch the Silicon Valley company's first electric vehicle, the Lucid Air, in 2020, but recovered to $300 later in the afternoon. Read more: [...]
Tesla takes a hit after Saudi fund invests $1bn in rival Lucid Motors September 17, 2018 Tesla shares dipped this afternoon after Saudi Arabia's sovereign fund pumped $1bn into rival Lucid Motors. Shares fell by two per cent today after it was revealed that the Public Investment Fund of Saudi Arabia (PIF) would help launch the Silicon Valley company's first electric vehicle, the Lucid Air, in 2020, but recovered to $300 later in the afternoon. Read more: [...]
Severe delays hit Northern Line commuters as Kennington works finally come to a close September 17, 2018 Severe delays are running on the Northern Line this morning between Kennington and High Barnet via the Charing Cross branch because of a faulty train. Passengers have been advised to use alternative routes to avoid the delays. Transport for London (TfL) said tickets would be accepted on buses. https://twitter.com/northernline/status/1041586086210928640 https://twitter.com/katbrownblonde/status/1041591617378045952 This morning's delays come as TfL announced that [...]
Severe delays hit Northern Line commuters as Kennington works finally come to a close September 17, 2018 Severe delays are running on the Northern Line this morning between Kennington and High Barnet via the Charing Cross branch because of a faulty train. Passengers have been advised to use alternative routes to avoid the delays. Transport for London (TfL) said tickets would be accepted on buses. https://twitter.com/northernline/status/1041586086210928640 https://twitter.com/katbrownblonde/status/1041591617378045952 This morning's delays come as TfL announced that [...]
Beleaguered Grayling set to announce major new review of rail services September 16, 2018 The government is set to launch a major review of the UK’s railways this week, following widespread criticism and a series of operational problems. Transport secretary Chris Grayling is expected to appoint Keith Williams, the former boss of British Airways, to undertake a systematic, 12-month review of the country’s rail services. Williams is the deputy [...]
Beleaguered Grayling set to announce major new review of rail services September 16, 2018 The government is set to launch a major review of the UK’s railways this week, following widespread criticism and a series of operational problems. Transport secretary Chris Grayling is expected to appoint Keith Williams, the former boss of British Airways, to undertake a systematic, 12-month review of the country’s rail services. Williams is the deputy [...]
John Lewis boss ‘to lead review’ into rail industry amid calls for nationalisation September 15, 2018 John Lewis boss Keith Williams is to lead the government's review into the rail industry next week as it battles criticism over its franchise system. The Sun reported that deputy chairman Williams will lead review – to be announced on Thursday – to focus on a balance between the public and private sector at a time when the industry [...]
John Lewis boss ‘to lead review’ into rail industry amid calls for nationalisation September 15, 2018 John Lewis boss Keith Williams is to lead the government's review into the rail industry next week as it battles criticism over its franchise system. The Sun reported that deputy chairman Williams will lead review – to be announced on Thursday – to focus on a balance between the public and private sector at a time when the industry [...]
Cost of buying land to build high-speed HS2 project tripled to £3.3bn over six years September 14, 2018 The costs of acquiring land needed to build the £56bn HS2 high speed rail project tripled from just over £1bn to £3.3bn over a six year period, according to the spending watchdog. In 2012, HS2 Limited, the company building the rail line that will link London to Birmingham, estimated land and property acquisitions would cost it £1.1bn. [...]
Cost of buying land to build high-speed HS2 project tripled to £3.3bn over six years September 14, 2018 The costs of acquiring land needed to build the £56bn HS2 high speed rail project tripled from just over £1bn to £3.3bn over a six year period, according to the spending watchdog. In 2012, HS2 Limited, the company building the rail line that will link London to Birmingham, estimated land and property acquisitions would cost it £1.1bn. [...]