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Five foreign firms in £3bn race to build HS2 trains

The £3bn contract contains no binding clause forcing the winning bidder to build the 225mph trains in Britain, even if they are designed abroad - as long as it boosts the British economy.

Heathrow Southern Railway: Everything you need to know about plans for direct Surrey rail link with Britain's busiest airport

The project aims to create a new route into central London from Heathrow Airport with stops at Guildford, Woking, Basingstoke and Farnborough

Friday, 03 November 2017

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  • Ferrari on course for €1bn annual profit as supercar demand risesWorldwide sales of Ferraris, Bentleys, Lamborghinis, McLarens and Rolls-Royces have risen 51% over the past five yearsFerrari is on course to rake in a record €1bn (£766m) profit this year as the world’s wealthy buy more supercars than ever before. Sergio Marchionne, the company’s chief executive, said on Thursday that Ferrari’s adjusted profits for the first nine months of 2017 were up 24% and that the firm was on track to meet its target of €1bn annual profit two years ahead of target. Continue reading...

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  • Deals this week: Alstom, Cubic Transportation Systems, CAF Alstom has secured a €45m ($52.2m) contract from Morocco-based Rabat-Salé transport company STRS to deliver 22 additional Citadis trams.
  • Council reveals image of new £82m station masterplanAn image showing how the planned £82m Coventry station is expected to look has been released today. Coventry City Council are expected to submit a planning application for the new structure later this year after they received investment through the government’s Local Growth...
  • Where next for a rail investment plan in the north? Lord Tony Berkeley, chair of the Rail Freight Group, analyses the potential impact of major government announcements regarding pan-north electrification and CP6 funding. In the last few months we have been subjected to a barrage of ministerial announcements about the railways in and around the...
  • Metrolink: 25 years and countingDanny Vaughan, head of Metrolink at Transport for Greater Manchester (TfGM), celebrates the network’s 25-year anniversary, which comes packed with expansion promises to further improve connections in the region. In Metrolink’s Silver Jubilee year, I am proud to say that we now boast...

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  • HS2 rolling stock bidders named Five companies have been shortlisted to build the first generation of trains for HS2. The fleet of at least 54 trains, capable of travelling at 360km/h, will be built early in the next decade to enter service in 2026. This initial fleet is expected to be ˜classic compatible™ and built to the British structure gauge, meaning that its size will allow the new trains to continue beyond Phase 1 of HS2 between London and Birmingham to serve destinations on existing lines in the north west and Scotland.

Green Miscellany

  • Save your money: Scientists prove cycle commute beats gymResearchers at the University of Copenhagen have found that inactive, overweight people can lose fat just as effectively by riding a bicycle to work as by paying to exercise at a gym. This is the conclusion reached by researchers from the Department of Biomedical Sciences at the University of Copenhagen in a study that has just been published in the… The post Save your money: Scientists prove cycle commute beats gym appeared first on ETA.

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