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Struggling train maker Alstom plans to cut debt with €1bn rights issue

Delayed orders from clients hit French manufacturer, including at Derby site where 1,300 jobs are at risk

John Swinney will examine permanent end to peak rail fares. [subscription]

The trial, which started in October of last year, has been ‘effective’ but ‘needs to be paid for’

Thursday, 09 May 2024

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  • Struggling train maker Alstom plans to cut debt with €1bn rights issueDelayed orders from clients hit French manufacturer, including at Derby site where 1,300 jobs are at risk
  • What went wrong with the electronic passport gates at UK airports?Passengers waited more than three hours for passport checks on Tuesday, as the country’s 270 e-gates malfunctionedThousands of passengers were left waiting in queues for more than three hours at airports, on Tuesday evening, after a nationwide failure of the electronic passport gate technology system.Nearly all major British airports were affected as the country’s 270 e-gates, the automated facial recognition systems at the border, were closed for more than four hours. Continue reading...

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  • Decisions needed now to deliver a better more sustainable railway in the futureThe Railway Industry Association’s (RIA) Technical Director has presented to the All-Party Parliamentary Rail Group (APPRG), explaining how vital it is that the Government makes decisions on infrastructure and rolling stock which will help the sector deliver a better and more sustainable railway for passengers and taxpayers in the future.

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