Breaking News
Chancellor urges maximum proceeds from rail franchise bids or risk high-speed line
The Chancellor has told transport ministers to maximise proceeds from rail franchise bids or put at risk the planned £32bn high-speed line to Birmingham and the North.
Former Tory transport ministers attack Coalition over Heathrow and HS2
Three former Conservative transport ministers have attacked the Government’s airport and rail strategy, urging the Coalition to press ahead with a third runway at Heathrow and abandon the controversial £32 billion HS2 rail project.
Sunday, 05 August 2012
BBC News
- Olympics sees record Tube numbersThe record for the most number of people using the London Underground in a day is broken twice in week.
The Scotsman
- Analysts warn FirstGroup’s west coach rail bid ‘a double-edged sword’ SNATCHING the west coast rail franchise away from arch rival Stagecoach would be a double-edged sword for FirstGroup chief executive Tim O’Toole, because it would give him less incentive to sell his under-performing UK bus operations, analysts claim.
The Telegraph
- Chancellor urges maximum proceeds from rail franchise bids or risk high-speed line The Chancellor has told transport ministers to maximise proceeds from rail franchise bids or put at risk the planned £32bn high-speed line to Birmingham and the North.
- Threat to Richard Branson’s train empire Virgin’s presence on Britain’s rail network could be derailed as FirstGroup offers £1bn more for the West Coast franchise.
Press Association
- Transport copes with Super Saturday London's transport system is coping well with the huge crowds on Super Saturday - one of the busiest days of the London 2012 Olympic Games.
Reuters News
- Bombardier Awarded 10-Year Operations and Maintenance Services Contract for AirTrain at Newark Liberty International AirportBERLIN, GERMANY-- Bombardier Transportation announced today that it has signed a contract with the Port Authority of New York and New Jersey (PANYNJ) to provide operations and maintenance (O&M) services for a further 10 years and a capital asset upgrade program to ensure the system continues to perform optimally. The contract is valued at approximately $243 million US (197 million euro) and will start on August 3, 2012.
Wales Online
- Trains could be 'run by a co-operative made up of rail workers and passengers' Trains in Wales could be run by a co-operative owned by rail workers and passengers in six years time, according to a leading transport expert.
The Business Desk
- Transport chiefs told to get rail franchises right for HS2 THE award of new rail franchises has to be carried out to maximise the potential of the proposed £32bn HS2 high speed rail link.
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