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Chinese firms urged to bid for HS2 work

George Osborne urges Chinese firms to pitch for Ł11.8bn in construction contracts for the UK's proposed High Speed Two rail line, on his visit to China.

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The government is transferring transport powers to local government in a bid to improve productivity. We examine plans for the northern powerhouse

Thursday, 24 September 2015

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  • Bidding kicks off for HS2 deals worth ÂŁ11.8bnCHANCELLOR George Osborne is firing the starting gun on the government’s High Speed 2 (HS2) rail project today by inviting companies to bid on at least seven new contracts worth ÂŁ11.8bn. The chancellor will announce the bidding process for phase one of the HS2 project at an event in Chengdu, China today. A Treasury spokesperson said that the event – one of many during Osborne’s five-day visit to China this week – is “aimed at wooing some of China’s biggest investors to be part of the project as well as a raft of other major UK infrastructure projects”. The chancellor is also expected t...

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Chartered Institute of Logistics and Transport

  • Ł46m for projects supporting economy in WalesCardiff Airport is to get a Ł3m loan to develop flight routes as part of Ł46m. Welsh government spending on projects to support the economy. The money, from its Ł74m capital reserves, is the latest part of a Ł13m loan package to attract new airlines. Airbus will get Ł2.7m for training facilities at Swansea University and Coleg Cambria in Deeside, Flintshire. While transport projects in north Wales, including Llangefni link road on Anglesey, will also get Ł2.7m. The Welsh government will also set up loan funds for small businesses. Finance Minister Jane H...
  • Stagecoach London takes the Omnibus Stagecoach London is making a big change in its current scheduling software and adopting Omnibus software for the first time. The company looked carefully at how suitable other products on the market were to meet their specific needs, and after considerable testing, Stagecoach London decided to adopt the OmniTIMES, OmniBASE, Crewplan, OmniROTA, and OmniMAN packages. Garry Nicholass, Commercial Manager for Stagecoach London, comments:  “the Omnibus software gave the best all round solution to our specific future London scheduling needs.” With a very experienced scheduling te...
  • Steve Montgomery appointed as new First Rail Managing DirectorFirstGroup has announced that Steve Montgomery has been appointed as the new Managing Director of its Rail division. Steve recently served as Managing Director of the highly successful First ScotRail franchise. Under his leadership, ScotRail achieved the highest ever levels of customer satisfaction and punctuality in the franchise's history and won countless awards including Rail Operator of the Year in 2014 and Scottish Public Transport Operator of the Year in both 2012 and 2013.  Steve's career in the railway industry spans almost 30 years, during which time he has gained significant ...
  • CalMac’s next generation to require bigger portsBigger, faster and more weather-resistant ferries are being planned as the next generation of vessels for CalMac’s west coast network. Major changes to harbours and approach channels would be required to accommodate them, with dredging, and blasting to clear rocks. The plans by CalMac fleet owner Caledonian Maritime Assets Limited (Cmal) mark a significant change of direction from the past practice of des­igning ferries to fit ports. The larger vessels would have greater carrying capacity, higher speeds and more man­oeuvring power, and be better able to withstand bad weather. They pr...

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