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Transport
London’s Transport Authority warns of a funding shortfall despite securing £250mn
Transport for London warned Monday of a funding shortage after only receiving half the grant they had requested from the central government in order to keep the capital’s transport network operating next year.
The £250mn bailout is 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…
Heuro, a Dutch train startup, plans to compete with Eurostar
Heuro has been in discussions to run 15 trips per day between Amsterdam & London
A Dutch startup is getting ready to compete with Eurostar in the Channel Tunnel.
Heuro hopes to launch its rail service in the next five to…