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      Treasury ‘tells Healey’ to consider tax on banks and oil

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Department for Transport

  • Thames Water creditors eye board shake-up if takeover plan succeeds

    Water

    The group of creditors vying to take control of Thames Water has said it will appoint the former bosses of Yorkshire Water and BT Openreach to the utility’s board should it succeed in fending off nationalisation by the government. The London & Valley Water (L&VW) consortium, which includes heavyweight investors including Apollo and Elliott, has [...]

    Thames Water infrastructure with pipes and maintenance workers, highlighting water management efforts in London
  • EV targets set to be watered down

    Transport & Infrastructure

    Electric vehicle sales targets for British carmakers could be watered down after ministers launched a fresh review amid growing pressure from manufacturers and dealerships. The government said it was seeking the opinions of auto makers, suppliers and charging point providers on whether to loosen the ambitious plans to phase out sales of petrol and hybrid [...]

    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • Economic benefit of Heathrow expansion slashed by 90 per cent

    Transport & Infrastructure

    Heathrow’s third runway could boost the UK economy by just 0.05 per cent, a 90 per cent loss of the economic benefit that had been previously forecast. The expansion of the UK’s biggest airport will boost GDP by 0.05 per cent at best but this impact could be as little as 0.3 per cent, government [...]

    Heathrow and several European airports are suffering from a cyber attack.
  • Ministers open door to phased Heathrow third runway plan

    June 18, 2026

    Heathrow’s third runway expansion may be built over several phases in a bid to hit the government’s ambitious timeline, opening the door to a proposal tabled by rival bidder Heathrow West. In planning documents published by the Department for Transport on Thursday, the government said that a phased construction of the mega-project may be necessary [...]

  • UK law clears hurdle for airlines to ban unruly passengers from travelling

    June 2, 2026

    Airlines and the UK government are eyeing a proposal to create a national blacklist of disruptive passengers using their personal data, potentially curbing their access to flights.  The scheme, currently being developed by officials from the Department for Transport and the Home Office, would require airlines to notify the government when a passenger is disruptive. [...]

  • New HS2 budget to blow £33bn hole in public finances

    May 21, 2026

    The government will need to find as much as £33bn in additional cash from tax and spending measures or from other departments to fund its revamped plans to deliver HS2. According to a City AM analysis, the Department for Transport’s updated proposals for the rail line require between £18bn and £33bn of additional public money [...]

  • Hotel tycoon Arora launches revamped Heathrow runway proposal

    May 18, 2026

    The hotel tycoon behind a rival bid to build Heathrow’s third runway has tabled a fresh proposal backed by British Airways and Virgin Atlantic that would build the mega-project in two distinct stages in an effort to keep a lid on costs. Surinder Arora, the billionaire hospitality magnate behind a campaign to reshape Heathrow’s regulatory [...]

  • AI investment set to accelerate UK transport upgrades

    January 16, 2026

    Artificial intelligence (AI) is set to play a bigger role in the day-to-day running of Britain’s transport networks, with ministers and industry figures saying that digital investment will now move from pilot projects to country-wide deployment. Transport Select Committee chair Ruth Cadbury told transport and tech leaders on Thursday that the government remains committed to [...]

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

    November 20, 2025

    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 [...]

  • Firstgroup doubles down on open access expansion despite DfT concerns

    November 18, 2025

    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 [...]

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