Breaking News
New £3.6bn London transport funding deal agreed
A new £3.6bn government bailout to keep Tube trains, railways, buses and trams running in London has been agreed.
Wednesday, 31 August 2022
BBC News
- Royal Caribbean partners with SpaceX for faster internetRoyal Caribbean says it will use SpaceX's Starlink internet system for its entire fleet.
- Edinburgh Tram Inquiry: Costs to exceed £13mThe inquiry was established in June 2014 to find out what went wrong with the £776m project.
- New £3.6bn London transport funding deal agreedA new £3.6bn government bailout to keep Tube trains, railways, buses and trams running in London has been agreed.
- Eurostar to suspend direct trains to Disneyland ParisThe service from London will be suspended from 5 June next year to focus on
- Ryanair will grow even faster in recession, boss saysPeople will still fly during a downturn but they will choose low-fare airlines, Michael O'Leary says.
Financial Times
- O’Leary expects Ryanair to lure passengers from more expensive rivalsBoss of Irish carrier predicts grim winter will mean customers switch to his low-cost airline
- London mayor warns of fare rises as TfL signs government support deal Government to inject £1.2bn into capital’s transport network but Sadiq Khan says ‘significant funding gap’ remains
- Don’t ban private jets — make them a green testing groundThe aviation industry should use these elite flights to try out new technologies and fuels
- Self-driving cars have nothing on Japan’s self-captaining shipsIf you like your gadgetry game-changing but also attractive to barnacles, the Mikage is a real treat
- Maersk aims to use bumper profits to integrate global supply chainShipping group set to take Asian warehousing business acquired in December worldwide
The Guardian
- TfL funding deal means tube fares must rise and bus services be cutSadiq Khan accepts ‘far from ideal’ settlement but says it secures long-term future for transport networkTube fares will rise and more bus services will be cut in the capital, the mayor, Sadiq Khan, warned, after Transport for London agreed to accept a £1.2bn funding settlement from the government.The deal, slightly improved from a “final offer†made in July by the transport secretary, Grant Shapps, was welcomed by TfL as allowing it to avert the “managed decline†of its transport network. Continue reading...
The Herald
- Transport Scotland in Loch Lomond road legal rowA PUBLIC spending watchdog is being urged to sanction Transport Scotland executives for forging ahead with a £150m upgrade to a Loch Lomond road without conducting legally required impact assessments.
Times Online
- Edinburgh tram inquiry as costly as Iraq investigation [subscription]The official inquiry into the botched Edinburgh tram project is due to cost the same amount of money as Sir John Chilcots investigation into the Iraq war, according to new documents.
Sky News
- Eurostar to axe direct trains between London and Disneyland Paris due to BrexitEurostar will no longer operate its direct train service between London and Disneyland Paris from 5 June next year.
Birmingham Post
- Britishvolt chairman criticises Government over speed of £100m grant delivery Peter Rolton has promised 'we will get it built' in response to speculation about the future of the 3,000-job project in Northumberland
London Evening Standard
- Rail strike: Staff at nine companies to stage 24-hour walkout in SeptemberStaff at nine train companies will hold a country wide 24-hour strike in September, rail union TSSA has said.
Yorkshire Post
- 'Ignored' York residents launch legal challenge against National Railway Museum plansResidents have launched a legal challenge following a decision to grant permission to the National Railway Museum to build a new central hall and café across a road in York.
Bucks Free Press
- HS2 Chilterns tunnel reaches construction milestoneThe construction of tens of emergency passages in the Chilterns tunnel began.
Other Regional Press
- Calls for fast c2c trains from Southend into LondonPRESSURE is growing for c2c to reinstate fast Southend to London trains to tackle the current “tedious slow journey” into the capital.
- Call to restore 84 bus route between Potters Bar and New BarnetAn MP is lobbying to restore part of a bus route that was axed earlier this year.
New Civil Engineer
- Council sets out new funding plans for Portishead line restorationNorth Somerset District Council has outlined its updated funding plans for the proposed Portishead line after it was revealed that delays in the planning process have pushed up the cost of restoring the line.
- TfL agrees to DfTs £3.6bn funding settlement that will leave it in charge of its own destinyTransport for London (TfL) has accepted the complex £3.6bn capital funding settlement from the Department for Transport (DfT) following long negotiations.
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