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Rail industry
Last-minute deal prevents closure of Britain’s largest train factory
After a series of intense discussions with the Transport Secretary, Alstom secured a vital new order
After a series of crisis talks, the largest train factory in Britain will be saved from closure after Transport Secretary Mark Harper…
After the Red Sea attack, demand for goods to be transported to Europe has boosted Russia’s…
According to rail and logistics operators, the demand for goods to be transported from Asia to Europe via Russia has increased since the Red Sea Crisis began. This is boosting the finances of Russia's state-owned railway monopoly.
DHL, a…
National Express owner detained by German rail company
National Express' owner had to postpone the release of the company's annual accounts because the auditor needs additional time to review "accounting judgements".
Deloitte had originally planned to release Mobico's 2023 results the…
FirstGroup, the UK’s largest train operator, faces a £1bn loss under Labour’s…
A broker in the City stated that the UK's biggest rail operator could suffer a £1bn loss in revenue due to Labour's proposal to bring train networks back under public control.
Peel Hunt analysts have reduced FirstGroup's projected rail…
UK Train Strikes Announced for December
In December, rail passengers will face new disruptions after more train drivers have announced further strikes.
Aslef announced on Thursday that it would be launching a "rolling program" of strikes between 2 December and 8 December, with…