Great British Railways risk repeating British Rail mistakes Transport and infrastructure Plans for the government’s flagship rail reform body, Great British Railways (GBR), risk reviving the failings of the past if urgent changes aren’t made, a leading think tank has warned. A new report from the Centre for Policy Studies (CPS) cautions that the structure of GBR could stifle innovation, reduce accountability, and discourage competition, particularly [...]
British Steel secures £500m contract with Network Rail Transport and infrastructure British Steel has won a £500m contract with Network Rail in a deal that helps secure the future of its Scunthorpe steelworks. The agreement will see British Steel supply up to 80,000 tonnes of rail per year to the body which manages the UK’s railway infrastructure, around 80 per cent of the track it needs. [...]
Network Rail faces extra £213m National Insurance hit Transport and infrastructure Network Rail will take an additional £213m hit over the next few years from the National Insurance tax hikes announced in Rachel Reeves’ Autumn Budget, it has been revealed. The figure marks a 16 per cent increase on a previously expected payout of £1.26bn over the remaining four years of its current financial control period. [...]
Trainline on track for European expansion as state-backed rival nears January 28, 2025 The boss of Trainline has outlined his European expansion plans as the online ticket giant faces government-backed competition at home.
City grandees named in the New Year Honours list 2025 December 31, 2024 Former HSBC boss Noel Quinn, Babcock chair Ruth Cairnie and the Network Rail chief executive Andrew Haines are among the big names from business and industry to be included in the New Year Honours list for 2025. The trio of heavyweights were given knighthoods and a damehood for their services to industry, transport and financial [...]
Sales skyrocket at London Waterloo after biggest ever Wetherspoons opens December 19, 2024 Sales at London Waterloo shops have soared to the top of a leader-board of Britain’s busiest train stations, following the opening of the UK’s largest ever railway station Wetherspoons. The London hub reported the most quarterly sales growth of any of the 19 stations Network Rail runs in the UK, up 47 per cent year-on-year, [...]
How Network Rail is planning to stop the ‘Euston rush’ October 29, 2024 A plan to reduce the number of passengers rushing to platforms at Euston station in London has been revealed by Network Rail. The Government-owned company is to allow passengers travelling on around 40 per cent of Avanti West Coast services from the London station to board trains 20 minutes before departure. Network Rail said this [...]
Transport secretary turns off London Euston’s giant ad board October 4, 2024 The government and Network Rail have launched a major review of London’s Euston station, as its giant ad board is turned off with immediate effect. It acknowledged that longer-term change is needed but put forward a five-point plan in the interim. In a statement today, the government and Network Rail said Euston is an “outdated [...]
Ten London train stations hit by ‘Islamophobic’ cyber attack on Network Rail September 26, 2024 Nineteen stations across the UK have been affected by the cyber attack on Network Rail, with only London St Pancras not impacted.
Clapham Junction and London Waterloo drive sales at UK train station shops September 24, 2024 Network Rail's most recent data revealed a 10 per cent rise in retail sales across its portfolio of 19 Great British stations.