HS2 chair to step down as cost swells to £66bn December 17, 2024 The chair of the company behind High Speed Two (HS2) is to stop down next year, it has been announced. Sir Jon Thompson has served on the board of HS2 Ltd for almost four years after first joining as a non-executive director in April 2021. He was appointed as the company’s chair in February 2023 [...]
London commuter slowdown dents growth at Great Western Railway and Heathrow Express operator December 3, 2024 Fewer London commuters slowed growth at the company behind Great Western Railway and the Heathrow Express, as delays and cancellations became more frequent during its latest financial year. First Great Western (FGW) has said that while the leisure market has “recovered strongly”, the number of commuters into London remain behind December 2019 levels despite have [...]
Avanti West Coast: Ticket sales pass £1bn despite operating troubles December 3, 2024 Turnover at Avanti West Coast jumped past £1bn last year, even as it was named as one of the least reliable rail operators in Britain, it has been revealed. The train operator, which is jointly owned by Firstgroup and Italian rail firm, Trenitalia, has posted a turnover of £1.01bn for the 12 months to 31 [...]
How Network Rail is planning to stop the ‘Euston rush’ October 29, 2024 A plan to reduce the number of passengers rushing to platforms at Euston station in London has been revealed by Network Rail. The Government-owned company is to allow passengers travelling on around 40 per cent of Avanti West Coast services from the London station to board trains 20 minutes before departure. Network Rail said this [...]
Uber Boat by Thames Clippers returns to profit October 10, 2024 The company behind Uber Boat by Thames Clippers in London, returned to profit in 2023, it has been revealed. Collins River Enterprises has reported a pre-tax profit of £5.4m for the 12 months, having made a pre-tax loss of £4m in 2022. It is the first time that the business has reported a pre-tax profit [...]
Transport secretary turns off London Euston’s giant ad board October 4, 2024 The government and Network Rail have launched a major review of London’s Euston station, as its giant ad board is turned off with immediate effect. It acknowledged that longer-term change is needed but put forward a five-point plan in the interim. In a statement today, the government and Network Rail said Euston is an “outdated [...]
Transport for London selects Global and JCDecaux to run ad estate September 10, 2024 Transport for London (TfL) has selected Global and JCDeacux to run its lucrative advertising estate, following a hotly-contested tendering process. Global continues its stint managing advertising sites on the Tube, London Overground, DLR, Tram and across the Elizabeth Line. JCDecaux, the French multinational ad corporation, will manage advertising at more than 4,700 bus shelters across [...]
Fresh calls to fund TfL as more busted London Underground trains taken out of service September 4, 2024 City groups have launched fresh calls for a long-term Transport for London (TfL) funding deal, after new data revealed a more than doubling in the rate faulty London Underground trains are being taken out of service. Data obtained via a Freedom of Information request shows the out of service rate across the London Underground, which [...]
Passenger numbers take off at owner of Manchester, London Stansted and East Midlands airports July 11, 2024 The group which owns Manchester, London Stansted and East Midlands airports has seen passenger surge over the last year amid booming demand for travel.
Opening of The Victory pub in London Waterloo gives UK’s rail state rail operator a boost May 2, 2024 The opening of The Victory pub at London Waterloo has helped boost sales per sq ft to an annual average of £2,507.