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Spin claims over £7.5bn train contract given to Japan

The government was accused by trade union leaders yesterday of failing to safeguard UK jobs after awarding a £7.5bn trains contract to a Japanese-led consortium.

Poll finds Heathrow most tedious international airport

Flying into Heathrow or New York's JFK? Then steel yourself for the world's longest passport queues, the lengthiest wait for luggage and some of the rudest passport staff, a global survey shows.

Susan Kramer to table Heathrow expansion bill

Richmond Park MP Susan Kramer will table a bill to stop airport expansion being covered by the new Planning Act.

Friday, 13 February 2009

BBC News

Financial Times

  • Chrysler faced with equity carve-upChrysler's restructuring plan could see the combined equity of owners Cerberus and Daimler shrink to less than 10 per cent, with the rest of the company divided between the US government, the United Auto Workers' union, bank lenders and Italian carmaker Fiat, according to people close to the US carmaker
  • Former pilot favourite to be chief aviation regulatorRandy Babbitt, a consultant and former airline pilot, has emerged as the leading candidate to become the next leading US civil-aviation regulator. US officials are...
  • Hitachi-led group favourite for train contractA consortium headed by the Japanese manufacturer is the preferred bidder for a £7.5bn tender to build the next generation of long-distance express lines, one of the UK's biggest-ever orders
  • Orbital line for London on trackMinisters and Transport for London have agreed funding for a new extension to the East London line, giving the city a full orbital overground rail service in time for the 2012 Olympics

The Guardian

  • Restoring our railways [ by Theresa Villiers]While we welcome today's announcement on express trains, we also question why it has taken so long to get to this stage. The procurement process for this project has been painfully slow and very expensive, demonstrating that government micromanagement is pushing up costs and slowing up progress on improving our railways. And there is still no sign of the 1,300 extra carriages that the government has been promising for years.
  • Spin claims over £7.5bn train contract given to JapanThe government was accused by trade union leaders yesterday of failing to safeguard UK jobs after awarding a £7.5bn trains contract to a Japanese-led consortium.
  • Fast train to futilityWith the possible exception of Dr Dolittle's fabulous Pushmi-pullyu, Britain's new supertrain is the strangest contraption ever devised. A hybrid of reliable Japanese engineering and less trustworthy British investment banking, some are to be electric, some diesel and some will have an electric motor at one end and a diesel at the other.
  • Union fury over Japanese train dealThe government sparked a trade union backlash today after awarding a £7.5bn train contract to a Japanese-led consortium and admitting that some of the 12,500 jobs created or safeguarded by the deal will be based outside Britain.The news came in the wake of a wave of wildcat strikes over the use of foreign labour at oil refineries and power plants. Britain's largest rail trade union, the RMT, added to those protests today after questioning the decision to award the trains contract to a consortium that will construct at least some parts of the first batch of 1,400 carriages in Japan rather than ...

The Herald

The Independent

The Scotsman

  • Japan linked to £7.5bn trains dealThe Government is facing growing controversy after awarding a £7.5 billion contract to build new trains to a consortium including a Japanese company which will carry out some

The Telegraph

Times Online

  • Payout victory for stranded air passengers Air passengers will be able to claim millions of pounds in compensation for cancelled flights after a secret deal between British Airways and a group of complainants, The Times has learnt.

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ATOC

  • Rail industry needs to work together to deliever successful intercity express programme, says ATOCToday™s appointment by the Department for Transport of the preferred bidder to build the new trains for the Intercity Express Programme (IEP) is a significant step in delivering a modern main line train fit for use in the 21st Century. Michael Roberts, Chief Executive of the Association of Train Operating Companies, said: œThe new fleet brings the promise of attractive rail travel for passengers, as well as much-needed new capacity with a lower carbon footprint for long distance operators.

Transport Briefing

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Sunderland Echo

  • Car industry in 'perfect storm'Car manufacturers like Nissan have been caught in a "perfect storm" of economic problems, says the man spearheading efforts to save the British auto industry.

International Herald Tribune

The Economist

  • The truck industry: A long haulTruckmakers are suffering, but their future is not entirely bleakIF THE car business is in meltdown, things are only marginally better for truck manufacturers. The results just posted by the two Swedish giants of the industry, Volvo and Scania, painted a picture of collapsing orders with little respite in sight. When Daimler, the world’s biggest truckmaker, and MAN, the fourth-largest, report next week, they are expected to confirm that the industry is facing one of the worst busts in its history.It was not supposed to be like this. Just 18 months ago the collective valuation of the worl...

Washington Post

  • GM's Talks With Bondholders Go Down to the Wire With a deadline just days away, General Motors bondholders still have not signed off on concessions aimed at helping the struggling automaker win additional federal aid, said people familiar with the deliberations of a committee representing bondholders.
  • Toyota cutting US execs' pay, offering buyouts NEW YORK -- Toyota Motor Corp. is reacting to the slump in U.S. auto sales by further cutting North American production, slashing executives' compensation up to 30 percent and offering buyouts to about 18,000 workers.

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