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      Ministers poised to nationalise second steel firm

      Britains steel industry facing challenges with potential shutdowns and job losses, highlighting economic impact.

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TransPennine

  • Spending Review: Colossal £25bn for HS2 eclipses other transport pledges

    Transport and infrastructure

    HS2’s colossal funding package eclipses all other railway investment pledges that Chancellor Rachel Reeves announced in her Spending Review. Reeves pledged £3.5bn investment into the Transpennine route upgrade and £2.5bn for East-West rail as part of the Spending Review. The Chancellor also set out plans to “take forward” the UK’s ambitions for Northern Powerhouse Rail, [...]

    HS2 has been given a huge amount of money in Rachel Reeves' Spending Review.
  • King’s Speech: Labour outlines plan to nationalise rail operators

    rail

    King Charles said the new government would improve the railways by establishing Great British Railways and bringing rail operators into public ownership.

    SWR will come under state ownership in May, followed by C2C and Greater Anglia in July and autumn 2025, respectively.

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