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Rail fare rises to fund investment

The transport secretary said three years of fare increases well above inflation were necessary to allow a series of capital expenditure programmes as part of the comprehensive spending review

Spending Review: Birmingham Metro extension to go ahead as planned

Chancellor George Osborne’s surprise backing for Birmingham’s city centre Midland Metro tram extension from Snow Hill to New Street Station will come as welcome relief to local transport bosses who feared that the £130 million project was doomed.

Mersey Crossing and Liverpool rail electrification survive George Osborne's £83billion spending cuts, but axe falls elsewhere

CHANCELLOR George Osborne today green-lighted both the Mersey Gateway suspension bridge and rail electrification from Liverpool.

London escapes the worst with Crossrail and Tube guarantees

London emerged as one of the winners of today's spending review but Boris Johnson warned it would still have to bear its share of the pain. The capital won funding for key capital projects, including Tube upgrades and Cro

MP calls on neighbour to support train bid

THE Foreign Secretary has been urged to support a bid to bring train-building back to the region.

Our initial reaction to spending review - hikes to fares and service cuts

The Chancellor has just revealed the extent of cuts to public spending. A few big projects have been announced but there are deep cuts to support for buses and massive train fare hikes.

Newham and Ashford court Deutsche Bahn

Leaders in Ashford, Kent, and Newham, east London, have called on German train operator Deutsche Bahn to stop trains at stations in their areas when it begins services from London to Frankfurt in 2013.

Thursday, 21 October 2010

BBC News

Financial Times

  • Rail fare rises to fund investmentThe transport secretary said three years of fare increases well above inflation were necessary to allow a series of capital expenditure programmes as part of the comprehensive spending review
  • French official ousted amid Eurostar rowFrance's top adviser on Channel tunnel safety has lost her job after the French government criticised rule changes that would allow German-built trains to use the tunnel
  • BA makes new offer to settle crew rowHopes of an end to one of the ugliest bouts of industrial action British Airways has ever seen have risen after the company agreed fully to restore prized travel perks to striking cabin crew, though not for 2½ years
  • Stobart expects to suffer in austerity Government austerity measures such as spending cuts and the VAT rise will hit full-year profits at Stobart, the logistics group said, in spite of announcing improved first-half sales and pre-tax profits
  • Shares in US airlines take off after recovery in demand Shares in US airlines rose sharply after three of the largest carriers reported estimate-beating results that showed a continued recovery in demand for air travel and sparked optimism over the outlook for the industry.

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