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Bill 'for millions' over rail chaos

Network Rail has issued Thames Water with a "multi-million pound bill" after leaks and a burst water main led to more than 1,000 trains being cancelled.

UK launches rail vision statement

The UKs Rail Supply Group (RSG), a partnership between the British government and rail equipment suppliers, has presented its vision statement for growth in the sector over the next 10 years. By 2025, the strategy predicts that the UK rail industry will more than double export volumes, be a global leader in high-speed rail and create a sustainable skilled domestic workforce.

Thursday, 29 January 2015

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  • UK launches rail vision statementThe UKs Rail Supply Group (RSG), a partnership between the British government and rail equipment suppliers, has presented its vision statement for growth in the sector over the next 10 years. By 2025, the strategy predicts that the UK rail industry will more than double export volumes, be a global leader in high-speed rail and create a sustainable skilled domestic workforce.
  • Crossrail exhibition at London Transport MuseumA new exhibition on the construction of the 16bn Crossrail project opens next month at the London Transport Museum.
  • Skanska team scoops 400m Waterloo station revampNetwork Rail Infrastructure has awarded a Skanska-led consortium the job to bring Waterloo International Terminal back into use for domestic train services.
  • The Mayor and TfL lay the foundations for the development of properties across LondonThe Mayor of London, Boris Johnson and Transport for London (TfL) have today announced ambitious plans to develop TfLs property estate by creating property development partnerships as part of its wider programme to generate 3.4bn in non fare revenue over the next ten years. The revenue generated will be reinvested in the transport network and help TfL and the Mayor bear down on fares.
  • South West Trains presents Stagecoach with 16 million dividendAn increase in ticket revenues has seen South West Trains deliver a £16 million dividend to Stagecoach. As well as the increase in revenue from £866.8 million to £910.1 million, the rail provider enjoyed an increase in its government subsidy - which jumped from £133.5 million to £160.2 million in the year to April 26 2014. As profits were elevated, South West Trains also saw the cost of its franchise rise, from £415.1 million to £461.2 million. This meant the company was left with pre-tax profits of £29.7 million -...

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  • Transport Secretary Patrick McLoughlin on Ilkeston Train stationOngoing concerns about the new Ilkeston Station have been taken to the top by Prospective MP for Erewash, Maggie Throup.
  • ‘National rail ticketing holds back innovation’Arriva calls for Department for Transport  to review anachronistic regulations and outlines potential option for radical ticketing reform A magnetic stripe ticket Arriva has called for the Department for Transport to revise “anachronistic” requirements for all train operators to provide a common national ticketing technology and sell tickets for every possible rail trip nationwide from station ticket offices. The Deutsche Bahn-owned transport group said maintaining these ‘network benefits’, along with inflexible pricing and station staffing rules, had limited the introduction of ...

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