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 [...]
Alstom: Profit slashed at London Underground trains maker Transport and infrastructure Profit at Alstom, the train manufacturer which supplies the London Underground, has been slashed by almost £100m as its turnover fell significantly during its latest financial year. The Derby-headquartered business has reported a pre-tax profit of £21.9m for the 12 months to 31 March, 2025, down from the £121m it achieved in the prior year. [...]
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 [...]
South Western Railway, C2C and Greater Anglia to be nationalised in 2025 December 4, 2024 SWR will come under state ownership in May, followed by C2C and Greater Anglia in July and autumn 2025, respectively.
Labour hits back at concerns rail nationalisation could compromise safety November 24, 2024 The DOHL currently runs the four nationalised companies: East Coast Main Line, Northern Rail, Southeastern and Transpennine Express.