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Taxpayers £250m bill as passengers put off trains [Subscription]
Taxpayers face a shortfall of almost £250 million because of a fall in the number of railway passengers. The Department for Transport (DfT) admitted that income from rail franchises would be lower in 2017-18 than originally forecast. A report setting out changes in government spending plans said that net income would be £248.7 million lower than previous estimates.
Who are the two companies left in the race to run the railways in Wales?
It is the biggest procurement exercise ever seen in Wales and over the long-term could be worth £5bn. But now there are just two bidders left in the race, in MTR and KeolisAmey, to run the next 15 year Wales and Borders rail franchise from October and design and build the next phase of the south east Wales Metro project with electrification of the core Valley Lines.
Tuesday, 27 February 2018
BBC News
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The Guardian
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The Herald
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The Telegraph
Times Online
- Rip out safety railings to cut road deaths, say experts [Subscription]More pedestrian barriers could be stripped away from roadsides after a study found railings can actually increase accidents by lulling pedestrians into a false sense of security.
- Taxpayers £250m bill as passengers put off trains [Subscription]Taxpayers face a shortfall of almost £250 million because of a fall in the number of railway passengers. The Department for Transport (DfT) admitted that income from rail franchises would be lower in 2017-18 than originally forecast. A report setting out changes in government spending plans said that net income would be £248.7 million lower than previous estimates.
City AM
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The Mirror
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Bradford Telegraph & Argus
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London Evening Standard
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Wales Online
- Who are the two companies left in the race to run the railways in Wales?It is the biggest procurement exercise ever seen in Wales and over the long-term could be worth £5bn. But now there are just two bidders left in the race, in MTR and KeolisAmey, to run the next 15 year Wales and Borders rail franchise from October and design and build the next phase of the south east Wales Metro project with electrification of the core Valley Lines.
East Anglian Daily Times
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Other Regional Press
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Rail Technology Magazine
- Phasing issues put Crossrail construction £190m over expected costConstruction costs on the Crossrail programme have come in 20% over the planned costs, amounting to around £190m of extra spending on the year to date. The difference in cost has been attributed in part to the phasing of certain works, with construction on certain sections of the line...
- 'Milestone moment' as Elizabeth Line train makes successful debut in new tunnelsThe first of the Elizabeth Line trains made its debut journey on Crossrail’s new south east London tunnels last night. With 10 months to go until the line officially launches, the new train represents the first journey to leave Abbey Wood as part of the Elizabeth Line. The Class 345 EMU...
Aviation Industry
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- American, Qantas resubmit JV application to DOT American Airlines and Australian flag carrier Qantas are hoping that a revised application submitted to the US Department of Transportation (DOT) Feb. 26 to form an antitrust-immunized joint venture (JV) will be approved. read more
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