Northern Trains overcomes ‘uncertain and challenging times’ as revenue passes £1bn Transport and infrastructure Northern Trains has posted a revenue of £1bn for its latest financial year after battling “uncertain and challenging times”. The operator has posted a total revenue of £1.07bn for the year to 31 March, 2024, up from the £982.6m it posted in the prior 12 months. Newly-filed accounts with Companies House also show its revenue [...]
LNER: Strikes and storms cost train line over £50m Transport and infrastructure The impact of a series of severe storms and continued strike action cost London North Eastern Railway (LNER) more than £50m during its latest financial year, it has been revealed. The train operator said industrial action in the year to 31 March, 2024, reduced its revenue by £25.9m while extreme weather also impacted its revenue [...]
HS2: Construction of Britain’s longest railway bridge completed near London Business High Speed Two (HS2) has completed the construction of the longest railway bridge in Britain to the north west of London. The final deck segment of the 2.1-mile long viaduct, crossing the Colne Valley in Buckinghamshire, was fixed into place on Thursday by HS2 engineers. The new bridge breaks a 140-year record held by the [...]
Former HS2 boss earned over £650,000 in final year July 29, 2024 Mark Thurston was the embattled project's longest serving chief executive before he announced his resignation in September.
GB Energy is more rooted in ‘big state’ ideology than climate ambition July 23, 2024 Conservatives need to hold Labour accountable for wasting taxpayers’ money and crowding out private finance through GB Energy, writes Sam Hall
OBR, workers rights and planning: What to watch out for in the King’s Speech? July 16, 2024 Labour will set out their programme for government on Wednesday, when King Charles will deliver the King’s Speech as part of the state opening of Parliament.
You think Britain’s railways are a mess? Take a look at Germany. July 15, 2024 Take a look around Europe and you'll find many of the continent's wealthiest countries also can't run a railway system properly.