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Why Canadians want our railway

The retired teachers from Ontario have invested their pension fund in several UK ventures - now they have bid for the high-speed railwayA retirement fund set up for state-school teachers in Canada sounds like a sensible, provincial operation “ not the obvious choice to own a railway. But this week, the Ontario Teachers' Pension Plan was touted as a likely bidder for Britain's first high-speed railway, which the government put up for auction on Monday.Tasked with looking after the retirement cash of 289,000 teachers, the fund is no stranger to snapping up British assets “ it already owns almost...

June Budget: Support for local rail projects

The emergency Budget has given the nod to four local rail projects while a large regional growth fund will be set up as the coalition tries to build its way out of the national deficit.

Wednesday, 23 June 2010

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Financial Times

  • Proposed sale of air traffic controller angers airlines Airlines reacted with a mix of approval and irritation yesterday as the government deferred plans to bring in a new passenger tax but said it would look at selling its stake in NATS, the air traffic controller.
  • BA agrees pensions plug ahead of tie-upThe airline will be unable to pay a dividend to the new parent company that will be set up after its planned merger with Iberia for at least two years under a new pension deal
  • Peel sells airports stake to VASThe private infrastructure group's joint venture with Vancouver Airport Services comes amid a slowdown in traffic at its airports, which rely heavily on charter flights and low-cost airlines

The Guardian

  • Budget 2010: Air traffic control organisation Nats to be sold off Treasury in talks to fellow shareholders about selling off its 49% stake in Nats air traffic control service
  • The live Underground train map: what else can be built with transport data? A single weekend plus Transport for London's API was enough to produce a live, self-updating map of where Underground trains are. What else is possible? (Updated)
  • Why Canadians want our railwayThe retired teachers from Ontario have invested their pension fund in several UK ventures - now they have bid for the high-speed railwayA retirement fund set up for state-school teachers in Canada sounds like a sensible, provincial operation “ not the obvious choice to own a railway. But this week, the Ontario Teachers' Pension Plan was touted as a likely bidder for Britain's first high-speed railway, which the government put up for auction on Monday.Tasked with looking after the retirement cash of 289,000 teachers, the fund is no stranger to snapping up British assets “ it already owns almost...
  • Tube workers set for planned strikePlanned two-day action by maintenance staff starting tomorrow evening to affect Victoria, Jubilee and Piccadilly lines Londoners face

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  • Rail survey boost for SoutheasternWhatever criticism it has received in the wake of the high speed timetable changes, Southeastern Trains has just enjoyed a boost with its best showing in a passenger survey.

Chartered Institute of Logistics and Transport

  • Toyota scheme 'will shed light on green car usage'A selection of Toyota Prius Plug-in Hybrid cars are set to take part in a three-year lease demonstration that may interest businesses across the UK. From July 2010, the manufacturer is gauging the opinions of members of the public and fleet users regarding the environmentally-responsible vehicles. 20 editions of the motor will be used on London's streets as part of the initiative, which will produce data that can be used by the government, EDF Energy and the carmaker itself. The information might go some way to helping EDF Energy with its delivery of charging points at workplaces, domestic loc...

Aviation Industry

  • BAA completes sale of 50% stake in APPFurther to the announcement by BAA on 27 April 2010, reporting the sale of its 50% stake in the Airport Property Partnership (APP) to SEGRO plc for £244m, the company today confirms that the sale has formally completed.
  • BA faces fresh strike threatBritish Airways passengers are facing the prospect of a summer of disruption after the union representing nearly 12,000 cabin crew union threatened a fresh strike ballot.
  • Osborne postpones action on APDThe UK government today (June 22) postponed any decision on the controversial Airport Passenger Duty (APD) read more

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