HS2 plans sweeping job cuts and major restructuring as it battles soaring costs July 18, 2024 HS2 Ltd, the private company overseeing the delivery of the high-speed railway line, is planning a sweeping round of job cuts and major restructuring as the embattled project's scope narrows following the cancellation of the northern leg.
HS2 investigating possible misconduct tied to ‘serious’ data breach July 18, 2024 HS2 has launched a formal investigation into allegations of gross misconduct tied to a "serious" data breach earlier in the year, City A.M. understands.
King’s Speech: Starmer will not U-turn on HS2 cancellation July 17, 2024 Labour will seek to improve east to west connectivity across the north of England by other means than bringing back HS2's northern leg.
Mike Ashley’s Frasers Group hires former HS2 and HMRC boss June 3, 2024 Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.
HS2: Cancelling London Euston section would pile pressure on Elizabeth Line, advisers warn May 16, 2024 Cancelling the Euston section of HS2 would put too much reliance on the Elizabeth Line, government advisers have warned.
‘A sticking plaster’: TfL’s £250m funding deal will not enhance London transport, government advisers warn May 16, 2024 The TfL funding settlement is a "sticking plaster" and will not enhance London's transport network, the National Infrastructure Commission has said.
Mace: HS2 London Euston contractor boss to step down in top brass shake-up May 8, 2024 HS2 Euston contractor Mace Euston has announced a new chief executive alongside a raft of top-level changes.
HS2 ‘will finish at Euston’ – but it’ll cost taxpayers another billion May 8, 2024 Taxpayer cash will be used to fund a 4.5 mile tunnel linking HS2 to its Euston terminus, breaking a prior government pledge to use private sector money.
Severfield launches buyback as booming steel demand in UK and Europe powers record backlog April 17, 2024 The acquisition of Voortman has helped the firm diversify from its home market in the UK, with 32 per cent of its order book now located in Europe.
Work on £1.75bn Midlands Rail Hub to begin after extra funds injected February 29, 2024 Design work on the £1.75bn Midlands Rail Hub project is set to start after the government provided an extra £123m.