Breaking News

Rail nationalisation not a silver bullet, says Labour

The Transport Secretary says taking operators into public ownership doesn't guarantee good service.

Simpler train travel for the South East as contactless ticketing rolls out at 47 more stations

New tap in tap out system will guarantee passengers get the best fare available at the time on the day.

Reeves to back Heathrow third runway in push for prosperity [subscription]

In a speech next week, the chancellor is also expected to back expansion plans at Gatwick and Luton airports in move to drive economic growth

Fears Wales will lose out as UK Government plans to freeze rail spending

Three massive projects, all in England, look set to soak up the rail funding pot for England and Wales

Tuesday, 21 January 2025

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  • Contactless train ticketing finally coming to London Stansted AirportThe government has outlined its plans to roll-out contactless ticketing at nearly a hundred UK train stations in 2025, including London Stansted Airport, with a start date less than a fortnight away
  • Rolls-Royce worth £50bn again after FTSE 100 surge Rolls-Royce has returned to a market capitalisation of more than £50bn after its shares rallied. The Derby-headquartered FTSE 100 giant passed the milestone for the first time at the start of December 2024 before its share price fell back. However, Rolls-Royce has surpassed the £50bn barrier once again after a jump in its share price [...]
  • Firstgroup and Virgin push back against state clampdown on open-access rail firms Firstgroup and Virgin are combining to push back against a government clampdown on some of the last private train firms operating the UK's railway tracks. So-called open access is a lesser-used model in which firms shoulder commercial risk but take the entire share of any profit.

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  • FirstGroup publishes arguments for more open access FirstGroup has published a vigorous response to a warning over open access from the transport secretary, who has expressed doubts about the financial and operational case for more open access passenger services.
  • FirstGroup steps up open access defence FirstGroup will publish a report today which sets out its support for open access passenger services, as the fight to protect them ramps up. The report and the event in London at which it will be unveiled had been planned before transport secretary Heidi Alexander published a letter to the Office of Rail and Road about open access licences two weeks ago. In it she signalled the likelihood that open access licences will be harder to obtain in the future.

Railway Gazette

  • New date for contactless payment expansion at four train operatorsUK: The introduction of pay-as-you-go travel using contactless bank cards and mobile devices at further 47 stations is now scheduled for February 2, having been delayed from September 2024 as a result of a cybersecurity incident at Transport for London which how now been resolved.

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