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Perth firm Stagecoach reports dip in profits

Transport group Stagecoach has posted a small drop in underlying profits after seeing revenue growth at its rail division slip behind schedule.

Airport expansion 'the last resort'

The Government's first priority in formulating aviation policy should be to make better use of existing capacity, and thoughts on expansion should take a "very clear second place", a Conservative MP has said.

Wednesday, 27 June 2012

BBC News

Financial Times

  • London needs to rise above toxic Heathrow brandSir, Your correspondent, Andrew Parker, tells us in his report on the ongoing aviation strategy debate that the case for a third Heathrow runway was bolstered by Gatwick Airport, owned by Global Infrastructure Partners (Greening hints at need for four-runway hub airport, June 26).
  • Stagecoach chief urges bus dispute dealSir Brian calls for common sense in Olympic payouts dispute adding that he objects to the bonuses in principle but understands workers grievance
  • United backs US airline consolidationLargest US airline by revenue supports more consolidation of the domestic market and would not object to a merger between US Airways and American Airlines

The Guardian

  • HS2 is a northern railway too The government is right to press ahead, argues Nick Kingsley of Railway Gazette International, responding to Ed Jacobs' questions in the Guardian Northerner last week

The Herald

  • Osborne fuel duty U-turnGeorge Osborne has scrapped the 3p-a-litre fuel duty rise set for August 1, in what Labour last night branded
  • Rail route ideas soughtPASSENGERS are being asked what they want to see on a major London to Scotland rail route when it is returned to the private sector next year.
  • Survey reveals morale slump at Transport ScotlandNEARLY one-quarter of civil servants working for the Scottish Government's 1.8 billion transport agency want to leave their jobs within a year amid growing dissatisfaction over pay and organisational reforms.

The Independent

  • Another Budget U-turn as George Osborne announces 3p fuel duty rise is to be axedFuel duty is to be frozen for the rest of this year George Osborne announced this afternoon in yet another budget U-turn.Related StoriesTom Winsor promises 'fearless independence' as he aims to shine a light into 'darkest corners' of policingLabour will support Bill to reform Lords, says MilibandGraduate sues Government over 'slave labour' schemesLeveson Inquiry: News Corp 'made threat to Lib Dems over BSkyB'Call for Jersey's independence

The Telegraph

Press Association

  • Airport expansion 'the last resort' The Government's first priority in formulating aviation policy should be to make better use of existing capacity, and thoughts on expansion should take a "very clear second place", a Conservative MP has said.

Daily Express

Mail Online

Network Rail

Birmingham Mail

Birmingham Post

Bradford Telegraph & Argus

  • Metro rail plan not ambitious enough A rail link to Leeds-Bradford Airport, electrification of the Caldervale Line and development of the Keighley and Worth Valley Railway, are among a list of aspirations a senior council figure wants taken forward up to 2026.
  • New plan to entice passengers back onto buses Bus operators across West Yorkshire could soon be subject to new regulation and public control under plans proposed by the transport authority Metro to turn the tide of falling passenger numbers.

Edinburgh Evening News

London Evening Standard

Manchester Evening News

Metro

  • Chancellor George Osborne scraps planned 3p rise in fuel dutyGeorge Osborne has scrapped the government's planned 3p per litre rise in fuel duty due to come into effect in August and frozen the tax for the remainder of the year. The Treasury said the fuel duty move had been planned for some time (Picture: PA) The chancellor told MPs the move, which will save motorists 500million, would be paid for from departmental savings across Whitehall.'We are on the side of working families and businesses and this will fuel our recovery at this very difficult economic time for the world,' Mr Osborne said in the Commons to cheers from the Conservative MPs.'The one-...
  • Girl given 14 train tickets for Leicester to Leeds round tripRachel Woodward needed 14 tickets to get to Leicester from Leeds and back again by train. Rachel Woodward was given 14 tickets for the 200-mile round trip (Picture: PA) A ticket machine at Leeds printed out 14 passes and a receipt for Ms Woodward, who had booked the 320km (200-mile) round trip on the web. They were made up of two tickets for her and four for her bicycle, plus four seat reservations and four for the bike. When I was at the machine the tickets would just not stop coming out, said Ms Woodward, 28. At first, I thought there was something wrong because there were 15 bits ...

Northern Echo

The York Press

Wales Online

Yorkshire Post

Other Regional Press

Campaign for Better Transport

  • Affordable fares key to a happy commute26 June 2012:Depending on where you live, commuting can be perceived as a Darwinian race between the strongest pushers to get into an overcrowded and expensive train or a more pleasant experience. read more

Global Rail News

  • Bombardier confirms $266 million orderBombardier Transportation has announced that the San Francisco Bay Area Rapid Transit District (BART) has confirmed an order for 150 additional rail cars valued at around $266 million. The order represents the exercise of an option under a contract signed on June 14, 2012. With this option, Bombardier now has firm orders for 410 cars [...]
  • Feel-good art goes on display at Ashford InternationalArtwork sponsored by High Speed 1 has gone on display at Ashford International Station. Several large-scale pieces by artist John Lester have gone on display in the station concourse and lounges. The installation includes a billboard poster depicting a high speed journey from London to Paris and four five-metre high banners portraying travel, sport and [...]
  • Three days at InfrarailThe rail industry was out in force at the ninth Infrarail Exhibition, held at the NEC near Birmingham. Over 5,500 people came to see more than 200 exhibitors. The team from RailStaff was there too along with writers from the rail engineer which hosted a series of well attend seminars. RailStaffs new format attracted [...]
  • Manufacturing moves overseas as Downer sign five-year deal with EMDDowner EDI Limited has signed a new five-year agreement with Electro-Motive Diesel (EMD) which will see locomotive manufacturing move away from Australian soil. Under the new agreement, EMD will manufacture all locomotives for the Australian market at a new low-cost facility overseas. Downer will continue to sell EMD locomotives and after-market products, including spare parts, [...]
  • MP opens new 13.5 million freight linkThames Gateway Minister, Bob Neill, has officially opened a new 13.5 million freight link from the North Kent Line to the former Lafarge Cement Works at Northfleet. To mark the official opening the Minister, along with invited guests, travelled in a special passenger train from London Victoria into Lafarge’s Northfleet site via the reinstated rail [...]
  • Furze-Waddock joins National ExpressNational Express Group has today announced that Paul Furze-Waddock will be joining the company as its commercial development director from October. The commercial development director role will focus on the companys future strategic commercial opportunities in the UK and abroad. Mr Furze-Waddock will also support the company’s UK rail bid teams in future franchise rounds. [...]
  • Bungalow railway carriage wins restoration awardA 19th century railway carriage, which spent years of its life as part of a bungalow, has won its class in a competition for restored heritage vehicles. Earlier this year, the Eastbourne Historic Vehicle Club invited Kent & East Sussex Railways (K&ESR) to put forward an entry into its annual competition for restored heritage items. [...]
  • Safety by designNetwork Rail believes that all accidents and incidents are avoidable – as all its risks are known about somewhere in its business, either consciously or subconsciously. For this reason, its Safety Leadership and Culture Change (SL&CC) programme is promoting risk awareness, proactive involvement and open communications as part of a cultural change programme. This programme [...]

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