GB Energy given five years to turn a profit Politics The boss of Great British Energy has been given a five-year target for Labour’s flagship state-owned energy company to become “profitable”, MPs have been told. Juergen Maier, who was appointed chairman of GB Energy in June, was asked at the Commons energy security and net zero committee whether he had a timeline on profitability. He [...]
HS2 will reach Euston, transport secretary signals Transport and infrastructure Transport secretary Louise Haigh has given the strongest signal yet that HS2 will reach London’s Euston station, ahead of an announcement she said would be coming soon. The Cabinet minister said an announcement on the project could occur during the Budget on Wednesday, 30 October. Speaking to Times Radio this morning, Haigh said: “We’ve said [...]
Siemens wind turbine workers in Hull to be balloted over strikes amid pay row Industry Strikes Hundreds of wind turbine workers are to be balloted for strikes in a dispute over pay.
Siemens’ Yorkshire-made battery trains will save ageing British railways £3.5bn June 3, 2024 Battery trains being built at Siemens' new facility in Goole, Yorkshire, will save Britain's railways £3.5bn.
Troubled sale of Siemens UK head office eyes second chance May 2, 2024 The UK headquarters of Siemens has been put back up for sale two years after the German giant first attempted to offload the building.