‘Bad news’ for Upper Crust owner after watchdog calls for more rail station catering competition Retail The Office of Rail and Road has been investigating whether a lack of competition in railway station catering has been bumping up costs for passengers.
Trainline doubles profit as sales in Europe accelerate amid Labour’s nationalisation threat tech New ticket sales rose 22 per cent to £5.3bn up from £4.3bn in 2023 due to strong European demand and an ease in the impact of UK rail strikes.
Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation Transport & Infrastructure Trainline and Firstgroup shares fell this morning after Labour announced plans to renationalise Britain's railway network in the next five years.
Labour would renationalise rail in bid to save British taxpayer £2.2bn a year April 25, 2024 Renationalising the railways will save the taxpayer £2.2bn every year, Labour’s shadow transport secretary has claimed, thanks to “significant efficiencies”.
Rail strikes, fare hikes and European growth: What to expect from Trainline next week March 10, 2024 Trainline investors will get a first indication of the ticket seller's 2024 performance in a trading update next Thursday.
Rail fares to go up by 4.9 per cent in March next year December 22, 2023 Regulated rail fares in England will increase by up to 4.9 per cent next year, in a blow to UK commuters.
Trainline share price soars after government scraps rival ticket app December 15, 2023 The Trailine’s share price continued to soar on Friday morning after yesterday’s announcement by the government that it would scrap a rival ticket app. The rail ticket company’s stock rallied this morning, rising by 19 per cent after the open, increasing 17 per cent after an hour of trading, to 331p. This comes after the [...]
Trainline forecasts higher ticket sales despite £66m rail strike hit November 2, 2023 Trainline said 11 days of industrial action in the first half knocked £66m off its bottom line.
Trainline shares soar as £2.6bn ticket sales help shrug off rail strike chaos September 14, 2023 Trainline’s shares soared more than 12 per cent this morning after the firm unveiled a £50m share buyback scheme on the back of booming ticket sales. Group net ticket sales at the online retailer grew by nearly a quarter to £2.6bn in the six months to August, taking revenues to £197m, a 20 per cent [...]
Which rail workers are striking this weekend and how will it affect you? September 1, 2023 Workers across more than a dozen train companies are set to walk out this weekend, with major London hubs likes Euston and Waterloo set to be left empty. Swathes of the UK will have no train services running on Friday, amid the latest round of major coordinated transport strikes. Members of train drivers’ union Aslef [...]