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      Council tax revaluation on high-value homes to disproportionately hit London and South East

      Reeves is reportedly considering a range of property taxes

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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Take 2 mins to learn more at www.coinbase.com/uk-fca-info

Department for Transport

  • 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

    Legal

    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 [...]

    Getty Images logo on a building facade, symbolizing brand presence in the media and photography industry.
  • South Western Railway performance nosedives after nationalisation

    Transport and infrastructure

    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 [...]

    South Western Railway became the first rail service to be brought into public ownership in May as part of a wider government programme
  • 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 [...]

  • HS2: Transport secretary confirms two-year delay after ‘shambolic mess’

    June 18, 2025

    Transport secretary Heidi Alexander has confirmed that HS2 will be delayed by at least two years, slamming previous handling of the project as an “appalling” and “shambolic mess”.  The embattled high-speed rail link will be pushed back beyond 2033 following a “litany of failures” outlined in two reports by HS2 boss Mark Wild and KPMG’s [...]

  • Spending Review: Whitehall faces axe to fund Reeves’ spending spree

    June 11, 2025

    Dramatic real terms cuts to departments such as the Home Office and the Department for Transport are to fund Chancellor Rachel Reeves’ multi-billion pound spending packages on the NHS and AI technology.  Reeves told MPs on Wednesday afternoon that the government would spend taxpayers’ money with “care” as she said the government had been “relentless” [...]

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