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Transport
Greater Manchester Mayor proposes compromise for HS2 rail project
Andy Burnham, Labour Mayor of Greater Manchester has stated that he would be open to discussing with Ministers the possibility of delaying the construction of the Northern leg of UK's High Speed 2 Rail Line if the Government commits to…
Avanti to renew West Coast Rail
The intercity train operator Avanti will soon win a contract to operate services along the West Coast Line despite being plagued with delays and cancellations which have caused passengers to be miserable.
Whitehall officials are in…
Network Rail denies bonuses to staff who were on strike
Network Rail's refusal to pay bonuses to its employees after they went on strike for months in a dispute with management has angered the workforce.
Up to 20,000 RMT members are expected to be affected by the decision. They staged a…
Yellow, a US trucker, files for bankruptcy to repay federal loans
US trucking company Yellow filed for bankruptcy on Monday and will close its doors. It collapsed under the weight of $1.2 billion in debt, which included a federal loan and a heated dispute with the Teamsters.
The nearly century-old…
Britain’s EV push will cost billions, but the prize could be worth much more
This could be £500m. It could be £1bn. It could even be £2bn. It's not clear how much the government agreed to pay the Indian conglomerate Tata last week for a battery plant in Somerset, instead of Lyon or Stuttgart.
One thing is…
HS2 is a nightmare. It’s time Britain woken up
Mark Thurston's resignation from HS2 Ltd represents more than a simple staffing change. It's a symbol of failure. We who opposed HS2 under the previous Labour Government, from the moment it was just a twinkle of an eye in Lord Adonis’s eye,…
US rail operator claims Virgin Group suffered a ‘brand disaster’ during the pandemic
According to a company email, Sir Richard Branson’s Virgin Group is heading for "brand disaster" due to the difficulties it faced during the coronavirus outbreak. The lawsuit began on Monday and seeks $250mn.
Virgin's legal action in…
After a round of deals, the first flight of the new Concorde is closer.
The company behind the plan has signed important deals for the design and construction of the supersonic jet.
Boom Supersonic has stated that it will have Concorde-style aircraft flying by 2027. The Italian aerospace giant Leonardo…
FirstGroup shares rise on the back of a strong bus and rail results
FirstGroup shares, the Aberdeen-based bus and train company, rose more than 17 percent on Thursday, after the company reported results that were well above market expectations despite losing a major rail contract.
FirstGroup's…