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Bombardier sheds 280 jobs, Schlumberger plans plant closure

The aerospace firm is to shed jobs, with hundreds more at risk at another manufacturing firm.

Saudi Arabia to invest $1bn in Virgin space companies

Investment of £760m into Richard Branson’s space companies will enable ‘next generation of human spaceflight’Saudi Arabia will plough around $1bn (£760m) into Sir Richard Branson’s Virgin space companies.The cash injection will be made to Virgin Galactic, The Spaceship Company and Virgin Orbit – with the option of $480m (£364m) of extra investment. Continue reading...

National Express motoring ahead after ditching trains [Subscription]

Getting off Britain’s railways appears to have been National Express’s ticket to prosperity.

Friday, 27 October 2017

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Rail Technology Magazine

  • Railway Connectivity Today's rail transport must be fast, efficient and safe. At the same time, it should also provide exceptional comfort and service to its passengers. Modern and complex systems are entering the market that enable train operators to fulfil these requir…
  • Scotland: The nation to watchAs the Scottish Government and its industry partners continue to fund the best railway the country has ever had, Humza Yousaf, minister for transport and the Islands, runs through the latest updates of the Edinburgh-Glasgow Improvement Programme (EGIP). The coming months are going to be a really...
  • Crossrail 2: Planning for our futureSource: RTM Oct/Nov 17 The time is ripe to press ahead with ambitious plans to build Crossrail 2 in order to alleviate congestion, support economic prosperity and unlock regional development, argues Michèle Dix, the project’s managing director at TfL. If you are one of thousands...
  • Campaign for Better Transport calls on DfT for new funding for track and stationsA new Rail Development Fund to pay for the construction of new track and stations across the UK has been recommended by the Campaign for Better Transport (CBT). The organisation has penned a letter to transport secretary Chris Grayling which advises the launch of a new cash supply specifically...
  • Around 180 jobs to be cut as Alstom closes historic Preston siteAlstom is to close its Preston site, leaving 180 workers unsure of their future. The Strand Road site, which has been a centre of rail production for 120 years, will close following the opening of its new Widnes site in June this year. The Victorian Preston sire will be vacated by July 2018. An...

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  • Grayling DOO letter is ˜unprecedented, damaging and dangerous™ Transport secretary Chris Grayling has written to MPs, explaining that contingency plans are being prepared ahead of fresh RMT strikes over DOO next month. He has condemned the RMT™s stance over the issue of safety-critical staff on trains. The RMT has described his letter as ˜unprecedented political interference™ in the long-running dispute about driver-only operation. The union has called 24-hour strikes on Northern and Merseyrail on 8 November, accompanied by 48-hour walkouts on Greater Anglia, Southern and South Western Railway on 8 and 9 November.

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