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Jarvis to call in administrators

Rail maintenance company Jarvis has announced that it will go into administration after lenders refused to offer the company further credit.

Two-way rail battle likely for Arriva

The German government has given its backing to Deutsche Bahn's proposed takeover of Arriva, but SNCF is also considering making an offer

Budget 2010: motorists face 1p fuel duty rise

Motorists will face a 1p increase in fuel duty from next month, followed by two more rises by the end of the year.

Budget 2010: Air Passenger Duty and the rising cost of flying for British families

The Budget has confirmed that families face duties on flights that are 325% higher than in 2006. Charles Starmer-Smith says it is time the Government gave travellers a fair deal.

Green revamp takes flight

WILLOW trees that will eventually cover an area the size of 52 football pitches will be used to heat East Midlands Airport as it strives to become carbon-neutral.

Thursday, 25 March 2010

BBC News

Financial Times

  • Jarvis goes into administration Jarvis, once the UK’s largest construction company, has gone into administration. The rail maintenance group, chaired by former Tory minister Steven Norris, has become one of the biggest names to fall victim to a slowdown in government spending.
  • TransurbanA $6bn takeover offer for the toll-road operator pulls onto the hard shoulder
  • Two-way rail battle likely for ArrivaThe German government has given its backing to Deutsche Bahn's proposed takeover of Arriva, but SNCF is also considering making an offer
  • DP World profits tumble 30%In spite of a fall in net profits, the flagship asset of the troubled Dubai World conglomerate has increased dividends by 19% in an effort to demonstrate its confidence in its business
  • S Korean shipyards face choppy watersSouth Korea's shipbuilders are beginning to suffer the effects of the protracted slump across most shipping sectors, with figures from three leading yards showing significant jumps in net debt

The Guardian

  • Church packed for traffic congestion meeting Residents attending a public meeting on traffic congestion in Aireborough have called for a task force to be set up to tackle the problem.
  • Boris Johnson: fares unfair, say Greens The Assembly's Greens have revisited the argument about Mayor Johnson's distribution of January's public transport fares hikes and the levels of revenue subsidy. Drawing on findings from Transport for London's 2007/08 Travel Demand Survey of Londoners' travel habits (the last of its kind, I think) Jenny Jones notes the following:
  • Alstom bosses held on bribe chargesDirectors arrested in dawn raids over allegations concerning substantial bribes being paid to secure contracts abroadThree UK directors of the engineering firm Alstom were arrested in dawn raids by fraud investigators and police officers today over allegations concerning substantial bribes being paid to secure contracts abroad.In one of the biggest co-ordinated operations by the Serious Fraud Office for several years, the men, all of whom are directors of Alstom subsidiary companies in Britain, were seized from their beds at 5am on suspicion of bribery, corruption, money laundering and false a...

The Herald

  • Fuel duty rise delayedThe Chancellor took pity on motorists today by introducing his near-3p a litre fuel rise, planned for April 1, in three stages.

The Independent

The Scotsman

  • Unions 'to set rail strike dates'Network Rail is expecting unions to set strike dates despite continuing peace talks aimed at resolving rows over jobs and working practices.

The Telegraph

Times Online

  • 2,000 jobs at risk as Jarvis enters administration Jarvis, the railway maintenance contractor, has gone into administration after “very considerable reductions” in rail and plant hire volumes, putting 2,000 jobs at risk.
  • DP World's profits fall by almost halfDP World, the ports operator owned by Dubai World, today announced a 46 per cent slump in annual net profits to $333 million ($£222 million) for 2009, as the global economic downturn hit international cargo traffic.
  • Virgin pilots threaten more travel miseryPassengers face the prospect of yet more air travel misery after Virgin Atlantic™s pilots demanded that negotiations on pay be reopened, with the possibility that they could be balloted on strike action.
  • McCall is heading into turbulence at easyJetThe board of easyJet has now appointed a chief operating officer from AOL, a chief financial officer from EMI and a chief executive from the Guardian Media Group ” do they realise they are running an airline? What next? Move the head office from Luton Airport to Soho?
  • Smiths sails through the scannerForget all the fuss about what you can or can™t see through an airport full-body scanner ” a clear picture was provided yesterday by a company that makes these devices, as Smiths Group released first-half results. Despite a 5 per cent fall in underlying sales, operating profits at the FTSE 100 industrial conglomerate rose an above-forecast 12 per cent ” helped by operating margins that touched their best level in a decade. Smiths™ shares responded with a return to their pre-Lehman high.
  • Investors take flight at easyJetThe appointment of Carolyn McCall as chief executive of easyJet yesterday wiped nearly £20 million off the budget airline™s market capitalisation and left the City baffled by her selection.

Press Association

  • Willow trees to power airport An airport will become the first in the UK to be powered partly by willow trees, it has confirmed. The first cuttings in the 26-hectare willow farm planned at East Midlands Airport have been planted. The trees will produce fuel for a biomass boiler in the terminal building, a spokeswoman said.

Mail Online

Network Rail

Bradford Telegraph & Argus

Derby Telegraph

  • Green revamp takes flight WILLOW trees that will eventually cover an area the size of 52 football pitches will be used to heat East Midlands Airport as it strives to become carbon-neutral.

Journal Live

London Evening Standard

Newcastle Evening Chronicle

Yorkshire Post

The Shields Gazette

Campaign for Better Transport

  • Budget postpones the tough choices on transport24 March: Today's budget from Alistair Darling contains some welcome announcements (for instance agreeing to our call for another round of the Green Bus Fund) but the tough choices about prioritising spending are postponed again till after the election. read more

Aviation Industry

  • Leader in global freight selects StanstedPanalpina, world leaders in global freight operations, have selected London Stansted Airport as the base from which they will operate all their UK air freight operations...
  • Government noise policy still missing the pointThe government™s long-awaited Noise Policy Statement for England was published last week, setting out aims for noise management to be taken into account in government decision making. Yet the policy seems to have been designed to avoid having any real impact. Campaigners have been calling for many years for a noise strategy and Defra had previously [...]

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