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Qatar lands BAA stake in £900m deal

Ferrovial and partners sell 20% of Heathrow airport owner in deal that shows its equity value almost the same as at Spanish group™s 2006 purchase

Tourism bosses say visa red tape - and cost - are putting off Chinese visitors

The Chinese may be coming, but it's a moot point as to whether they'll be coming to Britain. Hence the culture secretary's Jeremy Hunt's efforts this week to reassure Britain's frustrated tourism and aviation leaders who have long urged the government to simplify the costly visa regime that deters these potential visitors.

Minister says Westminster ˜stifling™ plans for railways

Transport minister Keith Brown has hit out at the UK government, claiming it has “stifled” plans to improve the railways north of the Border.

First Group's credit rating could be cut to 'junk' if West Coast deal increases debt

The rating agency outlined concerns over a "significant increase" in FirstGroup's adjusted debt levels because of the operating lease commitments tied to its successful bid for the prestigious West Coast rail line.

Saturday, 18 August 2012

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  • Qatar lands BAA stake in £900m dealFerrovial and partners sell 20% of Heathrow airport owner in deal that shows its equity value almost the same as at Spanish group™s 2006 purchase

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  • Tourism bosses say visa red tape - and cost - are putting off Chinese visitorsThe Chinese may be coming, but it's a moot point as to whether they'll be coming to Britain. Hence the culture secretary's Jeremy Hunt's efforts this week to reassure Britain's frustrated tourism and aviation leaders who have long urged the government to simplify the costly visa regime that deters these potential visitors.

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Global Rail News

  • Hidden Haddon: its rise and fallIf the procrastination over High Speed 2 ever gives way to construction, the line will navigate the Chiltern Hills via a series of tunnels – some bored, some ‘green’. The latter comprise open-ended concrete boxes, sunk into the landscape, above which the ground is restored to something resembling its original state. It’s a modern term [...]
  • Vital Rail backs RailStaff Awards 2012Vital Rail is sponsoring Recruiter/HR Person of the Year at the 2012 RailStaff Awards. The company, which supplies skilled railway operatives across the whole spectrum of railway infrastructure, is a leader in tackling the skills shortage in the rail industry and developing HR strategies that retain and advance railway staff. Tom O™Connor, managing director of [...]
  • New look for Network RailThe number of public members of the Network Rail board has been reduced from 80  to 40. Quarterly scrutiny panels underline a new commitment to transparency. The new moves came into effect at the Annual General Meeting held in July. At the AGM David Higgins, Network Rail’s chief executive, reported good punctuality at 91.6 per [...]

Railway Gazette

  • National Express targets German rail sectorGERMANY: UK bus and rail operator National Express announced on August 17 that it was seeking to enter the regional rail market in Germany, with the formation of a local subsidiary. Based in Düsseldorf, National Express Rail GmbH has reportedly already prequalified for contracts to operate four regional lines. ˜We are very excited about the opportunities in the German rail market™, said Andrew Chivers, head of the rail sector at National Express Group. ˜National Express has been able to draw extensive experience as a high-quality and customer-oriented passenger operator, and we hope to be act...

Other News Sources

  • European unionists stand by striking Portuguese dockersThe European Transport Workers’ Federation (ETF), the ITF’s European arm, has expressed its support for a 24-hour strike called by Portuguese dockers.
  • Auto Trader Pilots New Instant Offer Service to Help Dealers Source StockAs sourcing quality car stock remains a challenge for UK dealers, Auto Trader is piloting a unique new service called Instant Offer, aimed at providing dealers with exclusive access to private stock.
  • Stoneridge to show global reach at IAAStoneridge is showcasing a range of innovative products at this year™s IAA Show in Hanover, Germany, which help to make drivers™ lives easier and fleets more efficient. With worldwide manufacturing, sales & distribution centres, Stoneridge is coming to the IAA with its new One Minute Rule digital tachograph, the SE5000 Exakt Duo. The Duo technology comes as standard in the new model and at no extra cost, giving drivers real-time updates, including drive and rest times countdowns, as well as useful warnings when nearing the driving limits, helping them to keep legal. Stoneridge has also rec...
  • Brazil to spend £42bn on roads and railwaysBrazil president Dilma Rousseff yesterday unveiled a BRL133bn (£42bn) investment programme to target the nation™s highways and railways systems.

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