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Prestwick Airport needs taxpayer millions to remain in existence

EXECUTIVES at nationalised Prestwick Airport are expecting continued multi-million pound public money support to keep it in existence while public spending auditors said it is not clear that government intervention has provided value for the taxpayer pound.

Everything we know about Cardiff's first new tram line in a century that's hoped to transform public transport in south Wales

The new line to Cardiff Bay is just the start of a mind-boggling, immense and very costly project

Saturday, 21 January 2023

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  • Britishvolt: how Britain's bright battery future fell flatStartup that hoped to transform UK car production was once valued at more than £800m, but collapsed worth a tiny fraction of thatWhen Britishvolt, a startup hoping to transform UK car production by making batteries for electric vehicles, rented a seven-bedroom £2.8m mansion with a swimming pool and Jacuzzi-style bath for workers, some employees were uncomfortable with the impression it gave of lavish spending.Founded in 2019, Britishvolt began with grand ambitions – hailed by the then prime minister, Boris Johnson – to become the first domestically owned battery factory in a car industry that ...

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  • Prestwick Airport needs taxpayer millions to remain in existenceEXECUTIVES at nationalised Prestwick Airport are expecting continued multi-million pound public money support to keep it in existence while public spending auditors said it is not clear that government intervention has provided value for the taxpayer pound.

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  • Train operators make new pay offer to RMT The RMT is considering a 'best and final' pay offer, which train operators made last night. It includes increases of five and four per cent for 2022 and 2023 respectively, along with proposals to adapt the railway to allow for 'significant changes' in demand. The Rail Delivery Group also said that staff are guaranteed no compulsory redundancies until at least 31 December 2024, but the operators have stepped back from the previous demand that trains should operated by drivers only.

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