• Heathrow fire cost airport tens of millions of pounds, says CEO

    Thomas Woldbye speaks of damages claim as a possibility and expresses caution over a third runwayBusiness live – latest updatesThe substation fire that closed Heathrow for almost a day in March cost the airport “tens of millions” of pounds, its chief executive has said.Giving the hub’s first public estimate on the bill from the blaze, Thomas Woldbye said Heathrow had yet to decide whether to pursue National Grid for damages, as it awaited the findings of the energy regula
  • Eurostar calls for ‘credible’ Channel rail strategy as monopoly decision looms

    Operator says if rivals are allowed to squeeze into existing facilities it could jeopardise its investmentEurostar has urged the UK government to choose a “credible long-term strategy” for international rail or risk “falling behind” the rest of Europe, before a crucial decision by the regulator that could end its cross-Channel monopoly.The high-speed train operator warned that a “premature” ruling from the Office of Rail and Road (ORR) to allow competitors to

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