Greater Anglia to be nationalised in October Transport and infrastructure Greater Anglia is set to be nationalised later this year, it has been confirmed. The rail operator, which runs services to the East of England and into London, said it would be brought into public ownership on October 12. Martin Beable, Greater Anglia’s managing director, said management “remain focused” on delivering services ahead of the [...]
Trainline has ‘growth potential’ despite national rival, says UBS Transport and infrastructure Trainline will continue to grow despite concerns surrounding the government’s rail policy, according to UBS. Plans for a rival national rail ticket website have caused shares in Trainline to dip more than 30 per cent this year to date – despite continuing strong demand. UBS said that although “market concerns” remained, recent data indicated “continued [...]
Arriva’s Chiltern Railways announced as first East West Rail operator Transport and infrastructure Arriva Group’s Chiltern Railways has been selected to operate the first stage of the East West Rail project linking Oxford and Cambridge. The Department for Transport (DfT) said on Tuesday it expected services to start later this year, connecting Milton Keynes to Oxford for the first time in 60 years. East West Rail, a proposed [...]
Trainline shares tumble as further rail ticketing plans unveiled February 19, 2025 Trainline shares tumbled almost nine per cent on Wednesday as the government unveiled more details on how sweeping railway reforms will impact the ticketing sector. Great British Railway (GBR), the arms-length body that will oversee the UK’s railway system, is set to bring together individual train operator’s onto a single website. The Department for Transport [...]
HS2 pushed government to keep ‘unjust’ compensation rules for ousted locals February 12, 2025 Bosses at HS2 pushed the government to keep an obscure law that enabled it to pay millions less in compensation to residents and businesses forced from their homes during construction, City AM can reveal. Internal documents obtained via FOI show how HS2 understood the arcane clause would cause “significant distress” and destroy jobs and livelihoods, [...]
London Heathrow will submit third runway plans this summer February 11, 2025 Heathrow Airport plans to submit proposals for a third runway to the government by summer, following Chancellor Rachel Reeves’ recent show of support. In a statement on Monday, the UK’s largest hub said it was in the process of finalising proposals with stakeholders that would bring the long-delayed, highly controversial project back to life. It [...]
HS2: Key Euston contract faces foul play allegations February 3, 2025 Construction giant Lendlease is leading the £4bn regeneration of Euston but is in the process of exiting its international operations.
Trainline shares fall as national ticketing service unveiled January 22, 2025 Trainline shares dipped this morning after ministers unveiled plans to introduce a national rail ticket website as part of wide-reaching reforms The stock fell more than five per cent in early trading as investors reacted to the news. Great British Railways (GBR), the arms-length body that will oversee the UK’s reformed railway system, will bring [...]
Firstgroup and Virgin push back against state clampdown on open-access rail firms January 20, 2025 Firstgroup and Virgin are combining to push back against a government clampdown on some of the last private train firms operating the UK’s railway tracks. So-called open access is a lesser-used model in which firms shoulder commercial risk but take the entire share of any profit. It is viewed as a success story by many [...]
Contactless train ticketing finally coming to London Stansted Airport January 20, 2025 The government has outlined its plans to roll-out contactless ticketing at nearly a hundred UK train stations in 2025, including London Stansted Airport, with a start date less than a fortnight away The Department for Transport (DfT) said on Monday some 47 stations across the South East would be able to use tap-in and tap-out [...]