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Have the Tories turned their backs on the City?

The transport minister Sadiq Khan's warning was stark. “I hope we've reached the tipping point where this project can't be stopped,” he said on a visit to Canary Wharf to review the £16 billion Crossrail scheme. “I've just come from Tottenham Court Road where a huge amount of work is going on. But there's still huge scope for people to come in and make massive cuts.”

It's quality bus chaos

A £15.4 MILLION congestion-busting scheme designed to improve bus links has actually delayed services, transport bosses have admitted.

London Cycle Hire scheme takes big step forward as operator announced

Transport for London (TfL) appoints Serco to operate London's Cycle Hire scheme as progress continues.

British shipping making an ’outstanding contribution’

British shipping’s turnover grew from £9.5billion in 2007 to £11.9 billion in 2008, an increase of over 25% according to new figures produced for the UK Chamber of Shipping by the Office for National Statistics. Shipping now earns £1.35 million every hour of every day for the UK economy.

Thursday, 13 August 2009

BBC News

Financial Times

  • Shell joins carbon capture plant race Royal Dutch Shell will on Thursday enter the government-sponsored race to build a carbon capture and storage plant in the UK – becoming the only major oil company to do so.
  • High-speed rail link extendedThe high-speed commuter service from London to two stations in Kent, launched on June 29, is to be extended for the first time to stations off the dedicated high-speed...
  • Hapag-Lloyd seeks €420m financing at talks Talks on the future financing of Germany's biggest container shipping line continued as the company sought to raise €420m in new equity
  • Serco to run London's bike-hire schemeLondoners should be able to hire an award-winning Canadian bike design at 400 points around central London within a year after Serco and Montreal's bike-hire company jointly won the right to run the British capital's bike-hire scheme

The Guardian

  • Boris Johnson bike hire scheme: and the winner is... At last it is official: the contract to set up and operate Mayor Johnson's flagship London Cycle Hire scheme has been won by Serco, the Richmond-based company that runs the Docklands Light Railway and the Woolwich Ferry.
  • Third East Anglia rail strike will go ahead, says union Two-day stoppage in and out of Liverpool Street station due to start at midnight, with week-long strike planned next month
  • SUVs top 'cash for clunkers' tradesSUVs and pick-up trucks make up 83% of the 316,189 cars that have been traded under the schemeAre Americans really over their love of big, gas-guzzling automobiles? Not entirely, but there is a chill coming on, as 83% of the top trade-ins under the Obama administration's

The Independent

  • Rail strike hopes dashed Strike action which will cripple some of the busiest lines into London for two days will go ahead tomorrow, the train drivers' union Aslef said tonight.

The Scotsman

The Telegraph

Times Online

  • Rail strike to continue for another two daysStrike action that will affect some of the busiest railway lines into London for two days will begin at midnight after talks between Aslef, the train drivers™ union, and National Express East Anglia broke down. The 48-hour walkout, which is the third in recent weeks, will create problems for commuters in Hertfordshire, Essex, Norfolk, Suffolk and Cambridgeshire, and the Stansted Express airport train.

Highways Agency

  • £2.6m for Key M62 BridgeThe Highways Agency is to spend £2.6m on repairs and improvements to Rakewood Viaduct along the M62 in Greater Manchester. Preparatory work for the improvements, which include replacement of the bridge joints, carriageway resurfacing and resurfacing of the westbound hard shoulder, began yesterday (Wednesday, August 12). The main works will begin on Friday, September 25.

Mail Online

Belfast Telegraph

  • Belfast Harbour sees profit rise despite recession Belfast Harbour today reported an increase in turnover and operating profits for 2008 but an overall drop in trade as the recession began to hit. Related StoriesBarclaycard threatens to hike rates for those struggling with debtEngineering firm cuts workforce by a quarterDebt provisions mean Northern Bank could lose £75mNorthern Ireland unemployment breaks 50,000 markNew jobs for redundant maintenance workers

Birmingham Post

Derby Telegraph

  • £57m dream to open up our canals PLANS have been revealed to completely restore a historic Derbyshire canal in an ambitious £57m scheme which would provide a major boost to the county's economy.

Edinburgh Evening News

  • Rail link plans to go on show TWO further public exhibitions are to be held outlining plans for a rail interchange at Gogar as part of the city's tram project. The two exhibitions will take place at the Gyle tomorrow and at Waverley station later this month.

Journal Live

London Evening Standard

Metro

  • Flying bike record was just a flykeA teacher flew into the record books yesterday after becoming the first person to travel the length of Britain – on a flying bike, or flyke.

Nottingham Evening Post

  • Ticket barriers 'having impact' on fare-dodging BOSSES at Nottingham railway station say new ticket barriers designed to crackdown on fare-dodging passengers are already acting as a deterrent.
  • Railway station barrier trials begin THE first trial run of new ticket barriers at Nottingham railway station began today. Early morning commuters were arriving at the station and being asked to put their valid tickets through the machines to get access on and off the platforms.
  • Letter: TramsSo Lillian Greenwood, Labour's prospective MP for Nottingham South, says and I quote "the new lines will allow quicker and easier access to the city centre and Queen's Medical Centre".

The York Press

Yorkshire Post

  • Bosses' pledge over Leeds airport growth trafficBOSSES at Leeds Bradford Airport have pledged its surrounding areas will not be crippled by congestion when it doubles in size. The airport at Yeadon got the go-ahead last month to increase two-fold by 2016, eventually catering for more than five million passengers a year.
  • VIDEO: Air fares war at Leeds Bradford Airport AN AIR fares war is set to break out at Leeds Bradford Airport. Irish low-cost airline Ryanair on Tuesday revealed plans to invest £85m in the airport, launching 14 new routes across Europe catering for one million new passengers.

Chester Standard

Doncaster Free Press

  • It's quality bus chaosA £15.4 MILLION congestion-busting scheme designed to improve bus links has actually delayed services, transport bosses have admitted.

Peterborough Telegraph

  • Rail strike to go aheadStrike action by National Express East Anglia workers will go ahead, the train drivers' union Aslef has said.

Wall Street Journal

Washington Post

Railnews

Transport for London

Aviation Industry

  • BAA Airports Limited issues RFP for IT Consultancy Services ProvisionBAA IT group have agreed an IT Strategy with the board that reflects the overall direction of the BAA Business. In particular this embraces a simplified IT proposition for airports and the focus upon Heathrow as a global hub. The IT group is currently mobilising to meet this challenge as a result of which BAA is seeking expressions of interest from providers of IT Consultancy Services

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