AI investment set to accelerate UK transport upgrades Tech Artificial intelligence (AI) is set to play a bigger role in the day-to-day running of Britain’s transport networks, with ministers and industry figures saying that digital investment will now move from pilot projects to country-wide deployment. Transport Select Committee chair Ruth Cadbury told transport and tech leaders on Thursday that the government remains committed to [...]
Lime bikes: UK sales spike as expansion continues Transport and infrastructure Turnover at the UK arm of shared bikes provider Lime has spiked as its expansion across London continues, it has been revealed. Lime Technology has reported a turnover of £111.3m for 2024, according to new accounts filed with Companies House. The total is up significantly from the £63.5m it achieved in 2023. However, the latest [...]
Elizabeth Line operator doubles profit before contract loss Transport and infrastructure Profit at the first company to operate the Elizabeth Line in London more than doubled in the year before it lost the contract, it has been revealed. The division of MTR Corporation is part of the wider majority government-owned public transport operator and property developer in Hong Kong and had run the line since it first opened. However, the [...]
LNER passenger data accessed in cyber attack September 10, 2025 Train operator LNER has revealed passenger contact details and some information about past journeys have been accessed in a cyber attack. The government-owned firm, which operates services on the East Coast main line between London and Scotland, said the breach involved files managed by a third-party supplier. In a statement, LNER said that “no bank, [...]
Alstom: Profit slashed at London Underground trains maker August 12, 2025 Profit at Alstom, the train manufacturer which supplies the London Underground, has been slashed by almost £100m as its turnover fell significantly during its latest financial year. The Derby-headquartered business has reported a pre-tax profit of £21.9m for the 12 months to 31 March, 2025, down from the £121m it achieved in the prior year. [...]
Auto Trader: Brits turn to older cars amid ‘economic uncertainty’ July 29, 2025 Brits are turning their backs on new cars choosing to buy more older models amid “ongoing economic uncertainty”, according to FTSE 100 giant Auto Trader. The Manchester-headquartered company said a “standout trend” of 2025 so far is the “growing appetite for affordable used cars”, particularly those aged between five and 10 years old. Auto Trader has [...]
LNER revenue passes £1bn as cancellations cut July 28, 2025 LNER, which operates most services on the East Coast Main Line, saw its revenue pass the £1bn mark as it cut the number of trains it cancelled during its latest financial year. The business, which is owned by the Department for Transport, has seen its revenue increase from £866.5m in the year to 31 March, [...]
Northern: Cancellations rise as train company’s profit grows July 28, 2025 Government-owned train company Northern cancelled more services as its profit rose during its latest financial year, it has been revealed. The number of trains cancelled by the business increased from 7.2 per cent to eight per cent in the 12 months to 31 March, 2025, new accounts filed with Companies House show. The rise in [...]
Great British Railways risk repeating British Rail mistakes July 28, 2025 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 [...]
BA Cityflyer: Profit almost doubles at London City Airport carrier July 11, 2025 Profit almost doubled at BA Cityflyer, the main airline operating from London City Airport, in 2024 despite falling passenger numbers. The business, which is wholly owned by British Airways, has posted a pre-tax profit of £20.3m for its latest financial year, according to new accounts filed with Companies House. The latest total comes after the [...]