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New fears arise that UK rail financial crisis will hit HS2

Fresh evidence has emerged that the financial crisis that crashed plans for a rail link to build a northern powerhouse is set to embroil HS2, with documents showing that officials have spent £1.3m on a review to reassure ministers of its viability.

Heathrow emerges as favourite over Gatwick for expansion but Cabinet split over new runway

David Cameron and George Osborne are considering backing the controversial Heathrow airport expansion, with heavy environmental conditions, in a move that will enrage green campaigners and put the loyalty of several Cabinet ministers to the test.

Network Rail seeks private cash deal [Subscription]

TREASURY officials and the board of Network Rail are examining plans for a quasi-privatisation of the railway company that they hope will improve day-to-day performance and stop cost overruns on big projects.

Gillan calls for answers over HS2 costs

Cheryl Gillan is to call for an updated analysis of HS2's costs after major rail upgrade plans will be delayed.

Sunday, 28 June 2015

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  • Pollution could choke Heathrow planHEATHROW is expected this week to be named as the preferred location for a new runway — but the door is likely to be left open to Gatwick as well. An expected “fudge” by the Airports Commission will allow ministers to pick Gatwick if building a third runway at Heathrow would breach air pollution laws.

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