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      UK Finance warns tech giants to step up in Britain’s fraud fight

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Department for Transport

  • Eurotunnel ‘pursuing legal process’ with government over business rates

    Transport and infrastructure

    The firm behind the Channel Tunnel train will pursue legal action against a UK government agency and pull out of all its future investment in Britain unless plans to triple its business rates bill are aborted. Eurotunnel is poised to scrap its multimillion-pound plans to revive a major freight terminal in east London and cancel [...]

    Eurotunnel CEO Yann Leriche discussing future expansion plans in a business meeting setting
  • Firstgroup doubles down on open access expansion despite DfT concerns

    Transport and infrastructure

    Firstgroup has doubled down on its open access expansion plans as the transport business defied government concerns over the scheme. The FTSE 250 firm said it was “focused on growing” its operations in open access, an arrangement under which private rail operators will continue to run services after the nationalisation of all major routes as [...]

    Lumo train speeding through scenic countryside, highlighting sustainable travel options and modern rail technology
  • Third runway shortlist revealed as ministers push for fast take-off

    Transport and infrastructure

    The transport secretary has shortlisted two potential operators to oversee the development of Heathrow’s third runway as part of an overhaul of the planning process that she hopes will speed up the megaproject’s delivery. Heidi Alexander told MPs on Wednesday that bids from incumbent operator Heathrow Airport Limited (HAL) and the ‘Heathrow West’ proposal from [...]

    A render of Heathrow West's Terminal 6 (Image courtesy of the Arora Group)
  • Waymo’s driverless taxi UK rollout puts legal system to the test

    October 21, 2025

    The UK is set to become the first European country to welcome Waymo’s driverless taxis but lawyers caution that current laws are fundamentally incompatible with the technology. Last week, Waymo announced its UK launch will start with a small fleet of human-supervised Jaguar I-PACE electric vehicles “in the coming weeks,” before moving to fully autonomous [...]

  • South Western Railway performance nosedives after nationalisation

    October 2, 2025

    Performance at South Western Railway has plummeted in the months since it became the first network to be brought under state ownership, piling fresh scrutiny on the government’s nationalisation drive just days after it announced the lines that will be taken public next. Delays and cancellations both rose sharply over the three months after it [...]

  • The only way to make HS2 cheaper? Build HS3

    September 18, 2025

    It’s a basic fact of economics that the more efficiently you make something, the easier it is to bring down the price. Among the best-known examples is the Ford Model T, one of the top-selling cars in the 20th century with more than 15 million produced. The manufacturing process became so efficient, and each car’s [...]

  • LNER passenger data accessed in cyber attack

    September 10, 2025

    Train operator LNER has revealed passenger contact details and some information about past journeys have been accessed in a cyber attack. The government-owned firm, which operates services on the East Coast main line between London and Scotland, said the breach involved files managed by a third-party supplier. In a statement, LNER said that “no bank, [...]

  • Costain shares tumble after HS2 delays spark revenue slump

    August 20, 2025

    Shares in Costain tumbled 13 per cent in the opening minutes of trade in London after the construction firm was hit by further delays to HS2. The Bishopsgate-based business said its overall revenue fell 17.8 per cent to £525m for the first six months of the year, of which revenue for its rail infrastructure services [...]

  • LNER revenue passes £1bn as cancellations cut

    July 28, 2025

    LNER, which operates most services on the East Coast Main Line, saw its revenue pass the £1bn mark as it cut the number of trains it cancelled during its latest financial year. The business, which is owned by the Department for Transport, has seen its revenue increase from £866.5m in the year to 31 March, [...]

  • Northern: Cancellations rise as train company’s profit grows

    July 28, 2025

    Government-owned train company Northern cancelled more services as its profit rose during its latest financial year, it has been revealed. The number of trains cancelled by the business increased from 7.2 per cent to eight per cent in the 12 months to 31 March, 2025, new accounts filed with Companies House show. The rise in [...]

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