Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Thursday, 09 May 2024

BBC News

• All Northern Trains services cancelled for one dayNorthern Trains services across Yorkshire will not run on Thursday due to strikes.
• London Underground criticised over Tube panicA rail safety body reports on why passengers smashed windows to escape a Clapham Common Tube train.
• TfL pays out thousands in device clash refundsWatchdog London Travelwatch brands the figures from Transport for London

Financial Times

• Alstom starts to repair its financial train wreckBefore investors give the French group much more credit, they will want to see evidence that it can avoid nasty shocks

The Guardian

• Struggling train maker Alstom plans to cut debt with €1bn rights issueDelayed orders from clients hit French manufacturer, including at Derby site where 1,300 jobs are at risk

Times Online

• The Times view on railways: Red Signal. [subscription]Labour’s regressive renationalisation plan is a gift to the industry’s unions. Starved of private sector input, the proposed state behemoth will surely atrophy
• Alstom taps shareholders for €1bn. [subscription]The French-owned trainmaker is launching a rights issue as part of a refinancing package aimed at avoiding a downgrade in its credit rating
• John Swinney will examine permanent end to peak rail fares. [subscription]The trial, which started in October of last year, has been ’effective’ but ’needs to be paid for’

Daily Record

• Return of peak ScotRail fares slammed as 'short-sighted, irresponsible folly'The return of eye-watering peak-time fares around double the cost of normal train tickets is expected this summer despite anger from unions and campaigners.

The Mirror

• EXCLUSIVE: British railway bosses 'leech' taxpayers of £1.5billion in dividends in just seven yearsRailway bosses who own the UK's 'rolling stock' have existed since the Tories' controversial privatisation of British Rail in the 1990s – but is this system really working for every day Brits?

Rail Business Daily

• Decisions needed now to deliver a better more sustainable railway in the futureThe Railway Industry Association’s (RIA) Technical Director has presented to the All-Party Parliamentary Rail Group (APPRG), explaining how vital it is that the Government makes decisions on infrastructure and rolling stock which will help the sector deliver a better and more sustainable railway for passengers and taxpayers in the future.

Other News Sources

• Ministry of Defence wagon to become part of weedkilling trainThe Rail Trolley Trust and locomotive collector Andrew Briddon have jointly bought a former Ministry of Defence (MoD) standard gauge trailer and will fit it with weedkiller spraying equipment.