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What future for price competition as franchising ends?
One of the conundrums facing Great British Railways (GBR) is how to deal with price competition between different operators. The original privatisation structure encouraged this, and one way Train Operating Companies could increase their profitability was by introducing lower fares between stations primarily served by another company; In many parts of the country there is. The post What future for price competition as franchising ends? appeared first on Cogitamus.
Wales 'should get a lot more' of UK's rail cash
Westminster's control of rail investment means Wales loses out on money, a transport expert says.
HS2 Ltd could fall under direct state control after government review [subscription]
Whitehall and industry figures say governance at company responsible for High Speed 2 rail link to be scrutinised
Saturday, 28 September 2024
BBC News
- Is the cruise ship stuck in Belfast finally ready to sail?The Villa Vie Residences cruise ship should have left four months ago but has been held up by repairs.
- Titanic shipbuilder formally enters administrationHarland and Wolff, the Belfast shipbuilder, has formally entered administration for the second time.
The Guardian
- Titanic shipbuilder Harland & Wolff collapses into administrationBelfast-based company appoints administrators though shipyard subsidiaries still tradingHarland & Wolff, the Belfast-based shipbuilder that produced the Titanic, has collapsed into administration.The company has appointed administrators from Teneo to oversee the process after failing to find new funding to stay afloat. So far only the parent company, Harland & Wolff Group Holdings plc, is in administration, and its shipyard subsidiaries are continuing to trade. Continue reading...
This is Money
- Titanic shipyard Harland & Wolff sinks into administrationThe Belfast-based company warned such a move was imminent after a review found that its holding company, Harland & Wolff Group, was insolvent.
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