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Spending review: Energy and transport to get share of £100bn

Energy and transport will be the focus as the government reveals later how £100bn will be spent on infrastructure projects across the UK.

National Express sign up ex-Scotrail boss Grant

FORMER ScotRail boss Mary Grant is returning to the transport sector with a senior role helping National Express bid for new rail franchises.

Stagecoach mulls east coast rail move

STAGECOACH is poised to enter the race to run the east coast mainline train service when the UK government puts the route out to tender next year.

Thursday, 27 June 2013

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  • BA £600m bond launch takes offBritish Airways has launched a £603m publicly traded bond issue, using 14 of its new planes as collateral. The flag carrier, owned by International Airlines Group, is issuing two classes of certificates, backed by a pool of six Boeing 787-8 aircraft, two 777-300 jets and six Airbus 320-200s, all due for delivery between now and June 2014.Related StoriesRyanair pressured over stake in rivalLegal & General acquires LucidaFugitive oil trader dies of strokeShirt maker to sell for £100mEU set to Tap into Azerbaijan's gas    
  • Ryanair pressured over stake in rivalThe Irish Department of Transport has asked the UK's Competition Commission to order Ryanair to sell its entire 29.8% stake in Aer Lingus.Related StoriesDirect Line to axe 2,000 more jobsLegal & General acquires LucidaFugitive oil trader dies of strokeShirt maker to sell for £100mEU set to Tap into Azerbaijan's gas    

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  • HS2 bill passed in CommonsA controversial bill over HS2 was tonight given the go-ahead - despite being opposed by 37 MPs, many of them believed to be Tory backbenchers.

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Bus and Coach.com

  • Transport committee plansThe House of Commons transport committee has announced its programme for the coming year.
  • VOSA and DSA to mergeVOSA and the Driving Standard Agency are to be merged, in a move which the government says will provide “more convenient and cost-effective” services – with a hint of fees reductions.
  • Formal warning for M TravelM Travel of Castleford has been given a formal warning by Yorkshire traffic commissioner Kevin Rooney following a public inquiry into vehicle safety standards.
  • Sheffield tram-trains orderedThe introduction of tram-trains on a service between Sheffield and Rotherham has moved a step closer with the placing of an order for seven vehicles with German manufacturer Vossloh.
  • First sleeper coach route ready to rollThe first of Stagecoach's overnight sleeper coach services starts next month, running from Aberdeen, Dundee, Perth and Cumbernauld to London, seven nights a week.

Global Rail News

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  • East Coast capacity boosted by new £47m link Capacity on the East Coast Main Line is being boosted after the opening of a £47 million flyover which will eliminate conflicting movements on a key section of the route. The new structure takes Cambridge-bound trains over the rest of the main line at Hitchin, and has started to be used from today.

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