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Wales and Borders rail franchise 2018: devolution agreements

Sets out Wales and Borders franchise arrangements for funding, services specification and management, and the exercise of operator of last resort duties.

Iíve got worst job in UK, says Network Rail boss Andrew Haines [Subscription]

The new boss of Network Rail was warned he was taking on ďone of the worst jobs in BritainĒ, he has revealed.

New trains for Yorkshire to London railway do not work properly with the track

Taxpayers face paying more to ensure new trains for the railway which links Yorkshire to London and Edinburgh work properly.

Tuesday, 11 September 2018

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  • Intercity Express problems mount on East CoastTHE new Hitachi Intercity Express ĎAzumaí trains destined for the East Coast Main Line could be causing greater problems than have been reported so far, according to industry sources.

Railway Gazette

  • Network Rail agrees £1∑46bn commercial estate saleUK: Infrastructure manager Network Rail announced on September 10 that it had agreed terms for Telereal Trillium and Blackstone Property Partners to buy its commercial estate portfolio in England and Wales for £1∑46bn. The deal comprises around 5 200 properties, the majority of which are spaces under viaducts. Properties in Scotland are excluded.
  • DB spending halted as profits slumpGERMANY: Deutsche Bahn Chief Executive Dr Richard Lutz has brought in emergency spending controls, amid reports of a third warning that the groupís 2018 profit target was unlikely to be achieved.


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