Trainline doubles profit as sales in Europe accelerate amid Labour’s nationalisation threat tech New ticket sales rose 22 per cent to £5.3bn up from £4.3bn in 2023 due to strong European demand and an ease in the impact of UK rail strikes.
Trainline: Results in the spotlight after ‘knee-jerk’ reaction to Labour rail nationalisation Rail Trainline investors are fearful Labour's plans for sweeping reform of Britain's railways could impact profitability in the years ahead.
Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation Transport & Infrastructure Trainline and Firstgroup shares fell this morning after Labour announced plans to renationalise Britain's railway network in the next five years.
Trainline forecasts higher ticket sales despite £66m rail strike hit November 2, 2023 Trainline said 11 days of industrial action in the first half knocked £66m off its bottom line.