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Budget 2017: Northern cities could derail plans for Crossrail 2 link

London's vital Crossrail 2 plans could be derailed by competing demands from northern cities for High Speed 3, MPs warned today.

October 2019 - Northern Pacers’ final termination date

Withdrawal dates for Northern's Pacer fleet revealed in Government document.

Do we have credible costing methods for major projects?

Lord Berkeley, chairman of the Rail Freight Group and member of RTM’s editorial board, questions the methodology of estimating costs on major projects, including Great Western electrification.

Tuesday, 07 March 2017

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  • Peugeot-Citroën chief vows to save jobs in Vauxhall/Opel takeoverPSA Group buys carmakers from General Motors for £1.9bn and wants to turn them around without plant closures or job cutsThe chief executive of the French company behind Peugeot and Citroën has vowed to turn Opel and Vauxhall around without factory closures or job cuts, after agreeing to buy General Motors’ lossmaking European arm for €2.2bn (£1.9bn).The acquisition of Opel/Vauxhall, which generated revenues of €17.7bn last year, will transform PSA Group into the second-biggest carmaker in Europe, after Volkswagen. Continue reading...
  • UK flights cancelled as French air traffic controllers strikeEasyJet, Ryanair and British Airways forced to reduce number of flights to and over France as five-day action beginsEasyJet, Ryanair and British Airways have cancelled flights on Monday as French air traffic controllers (ATCs) start a five-day strike.Flights to and from the UK are among more than 1,000 likely to be scrapped this week. Continue reading...
  • The Guardian view of the car industry: an electric future | EditorialThe world is moving faster than we think towards more automated vehicles powered by renewable energyGone are the days when cars made in Britain were British. Monday’s sale of Vauxhall/Opel to Peugeot meant only the transfer of two large English factories from the German subsidiary of an American firm to a French company, accompanied by the ritual promises that jobs would be safe. These seem insubstantial, given that the new management plans to save €1.7bn a year from the old Opel operation, while the Vauxhall factories made a heavy loss after the pound’s post-referendum slide. Yet the contorti...
  • Peugeot sale is an 'opportunity', says Clark. An opportunity for pigs to fly | John CraceBusiness secretary begs MPs to see Vauxhall sale in positive light as Labour’s Rebecca Long-Bailey asks if 40,000 jobs are guaranteedBritain is open for business, insisted Greg Clark. The only fly in the ointment was that it was principally open for overseas companies flogging their UK assets to other overseas companies. But the business secretary is by nature an optimist and was determined to cast General Motors’ sale of Vauxhall to Peugeot in a positive light. The devaluation of the pound against the dollar as a result of the Brexit vote was just a total coincidence and the US-firm General M...

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  • EasyJet, Ryanair and BA cancel flights after French strike EasyJet, Ryanair and British Airways called off more than 80 flights between them as the five-day strike begins – and there is a separate call to strike tomorrow by Air France workers.
  • Diesel car sales drop my 9% New car registrations fell to 36,981 in February – a year-on-year drop of 9.1 per cent, figures show. Meanwhile, sales of petrol cars rose 5.8 per cent to 42,826 over the same period.

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  • Alitalia to finalize new business plan by March 12Etihad Airways equity partner Alitalia is making some amendments to its “re-launch business plan,” which it expects to finalize by the end of this week. read more
  • Trump imposes revised, narrower travel ban starting March 16US President Donald Trump has issued a revised, narrower travel ban than his previous executive order that was blocked by US federal courts, this time temporarily excluding citizens without already-issued visas from six countries from entering the US for 90 days starting March 16. read more
  • DOT freezes regulatory process on Obama-era airfare transparency proposalsThe US Department of Transportation (DOT) has indefinitely suspended comment periods on two late-term Obama administration regulatory actions related to how airlines display airfares and ancillary fees, essentially freezing the regulatory process on the actions. read more

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