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-
Roll-Royce’s recovery is stunning: from basket case to No 8 in the Footsie | Nils Pratley
In just over two years under Tufan Erginbilgiç, the aero engine maker’s share price has gone into the stratosphereTufan Erginbilgiç didn’t quite catch the bottom for Rolls-Royce’s share price when he joined as chief executive at the start of 2023, but he came close. The reference price for his £7.5m-worth of “golden hello” shares – the cost of extracting him from the world of private equity – was 91p. The engine-maker’s share pr -
Minister ‘sets path’ to allow Gatwick to open second runway
Transport secretary backs £2.2bn airport plan but final decision delayed to OctoberWhat are the next steps for expansion at London Gatwick and Heathrow?Business live – latest updatesGatwick has been given a qualified green light to operate a second runway after the government “set out a path to expansion” for London’s second biggest airport.The deadline for the government to make a final decision has been extended to late October, but the transport secretary, Heidi -
Welsh Government introduces £1 bus fare for 16-21 year olds
via wrexham.com
Wrexham.com - Plans to introduce capped bus fares for young people in Wales have been praised as mp;#39;potentially transformationalmp;#39; by a North Wales Member of the Senedd. -
Vauxhall owner Stellantis burns through £6bn as profits fall 70 subscription
via thetimes.com
Times Online - John Elkann says finances will improve as it widens the selection of electric vehicles, starts producing its own batteries and teams up with Chinamp;#39;s Leapmotor -
TSSA union launches report highlighting the scale of violence experienced by UK transport workers
via tssa.org.uk
Other News Sources - The TSSA Union the union for transport and travel workerstoday (Wednesday) launched a report, detaiing the main findings from research conducted on TSSA members about workplace violence. -
Trials for contactless ticketing in the North and Midlands takes another step closer
via gov.uk
Department for Transport - Contactless will offer simpler ticketing and a better experience for rail customers. -
Transport Secretary official opens revamped Stow Station House
Rail Business Daily - The redeveloped Stow Station House has been officially opened by Cabinet Secretary for Transport Fiona Hyslop MSP, at a special event at the Borders railway station. -
Transport plan is hotch-potch of re-hashed, half-baked notions
Edinburgh Evening News - Imp;#39;m sure someone in the Scottish Government is very proud of its new transport document, but the lack of fanfare on its publication suggests confidence in the start of a bright new dawn is in short supply. -
Supporting the UK aviation sector
via gov.uk
Department for Transport - Secretary of State for Transport outlines next steps for airport expansion during the Airlines UK annual dinner. -
Suffolk County Council reveals Ipswich Transport Plan
Other Regional Press - Suffolk County Council has revealed its Ipswich Transport Plan for the next 15 years, featuring improved bus punctuality, routes and cycling areas. -
Siemens Mobility's green investments at Goole Rail Village
Other Regional Press - Siemens Mobility has installed 1,700 solar panels at its Goole Rail Village. -
Revealed: Details of Aquind legal threat against DESNZ over UK-France interconnector DCO
New Civil Engineer - The government was threatened with legal action during the last General Election due to delays to the development consent order (DCO) process for the Aquind Interconnector between England and France. NCE can reveal details of that grievance for the first time. -
Ministers approve long awaited A47 road scheme to support over 40,000 homes and 30,000 new jobs
via gov.uk
Department for Transport - Road scheme will speed up journeys and revive economic growth across Norwich. -
Loss of station parking sparks development concern
via bbc.com
BBC News - Proposals are being put forward to build 300 apartments on the site of a Tube station car park. -
Local Transport Plan approved by Suffolk County Council Cabinet
Other News Sources - Suffolk County Council?s Cabinet has approved a Local Transport Plan to improve how people travel round the county. -
ICE: Government must clarify infrastructure investment plans to rebuild public trust
Other News Sources - The Institution of Civil Engineers (ICE) has called on the UK government to clarify its infrastructure investment strategy and the balance between public and private funding. -
Hitachi Rail to upgrade Paris metro line 12 with its digital signalling
via mynewsdesk.com
Other News Sources - Hitachi Rail has been awarded a contract to deliver its cutting edge CBTC digital signalling technology for line 12 of the Paris metro, operated by RATP. -
Heathrow profits jump by 31 as airport pushes for third runway. subscription
via thetimes.com
Times Online - After a record number of passengers, bosses complain about constrained capacity -
Gatwick second runway decision expected
via bbc.com
BBC News - If the airport wins permission for its controversial expansion plan, construction would start almost immediately. -
French buyout firm Ardian increases Heathrow stake
via ft.com
Financial Times - PE group buys holdings from Ferrovial, CDPQ and USS in a mp;pound;870mn deal that takes share of airport to more than 30 -
First passenger train covers East West Rail as'196' tests also get under way
via railmagazine.com
Rail Magazine - The first passenger train to cover the recently reopened East West Rail line from Calvert to Bletchley ran on February 15, when West Coast Railways 33029 and 33207 Jim Martin worked the mp;#39;Verney Venturermp;#39; charter promoted by Pathfinder Railtours. 47802 was provided for train supply. -
Extra-high ticket barriers to trap Tube fare dodgers. subscription
via telegraph.co.ukThe Telegraph - US company Cubic designs gates that use AI to detect cheats and alert nearby guards -
Dirtier BP is still miles away from resetting its share price Nils Pratley
via theguardian.com
The Guardian - Fossil fuel giantmp;#146;s strategic U-turn may be far-reaching but even after ditching climate goals the shares fellBP to ramp up oil and gas output in major shift away from green goalsExplainer: why has BP pulled the plug on its green ambitions?BPmp;#146;s new strategy is mp;#147;excitingmp;#148;, said chief executive Murray Auchincloss at one point during Wednesdaymp;#146;s long City presentation. Did the stock market agree? Hardly. Even after he ditched the climate goals, and -
Cycle train enters service on the Heart of Wales line
Railway Gazette - UK: Transport for Wales has returned to service the first of six Class 153 single-car diesel multiple-units which are being refurbished to carry bicycles. -
CrossCountry appoints Shiona Rolfe as Managing Director
Rail Business Daily - CrossCountry has appointed Shiona Rolfe as its new Managing Director, taking effect from Saturday 1 March. -
Car touchscreens 'too distracting' as simple tasks take 22 seconds subscription
via thetimes.com
Times Online - Experts warn that touchscreens, which are cheaper for manufacturers, are becoming increasingly complex and mimicking smartphones, which are banned at the wheel -
Build roads or lose northern voters, MP warns ministers subscription
via thetimes.com
Times Online - People are fed up with delays to a long-promised motorway link road, says a Labour MP, as the party gears up for a by-election mp;#39;dogfightmp;#39; with Farage -
Borderlands backs plans for £10million Borders Rail study
Carlisle News & Star - The Borderlands Partnership have backed plans for a feasibility study into the extension of the Borders Railway to Carlisle. -
'Exceptional' pressures force CalMac fleet reshuffle
via bbc.com
BBC News - The west coast ferry operator says it is being pushed mp;quot;to the limitmp;quot; by a shortage of vessels.
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