Car makers fear ‘biggest threat in a generation’

Car makers fear 'biggest threat in a generation'

Alan Tovey has reported that more than half of the 1.7 million cars produced in the UK are exported to Europe, leading carmakers to warn Brexit poses the ‘biggest threat in a generation’ to the £72bn-a-year industry. Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders, said: “Triggering Article 50 has started…

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US group pulls out of HS2 contract following legal threat

A computer generated image of what the HS2 platforms will look like at Euston Station © HS2 Ltd

Following a conflict of interest accusation, US engineering group CH2M has pulled out of the HS2 scheme, Gill Plimmer has reported. It is handing back a £170m contract to design the second phase. Robert Lea for The Times reported that HS2’s appointment of chief executive Mark Thurston – headhunted from CH2M – could benefit the…

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Stagecoach’s east coast escape

Stagecoach's east coast escape

Several papers report that HSBC analysts believe Stagecoach is close to a deal with the DfT to end its ambitious programme of payments. Robert Lea has reported that its 90%-owned Virgin East Coast franchise was meant to generate enough profit to cover a £278m payment to the Treasury this year, rising to £346m next year…

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FirstGroup wins franchise to run trains from London Waterloo

FirstGroup wins franchise to run trains from London Waterloo

It was reported widely across the press that Stagecoach Group has lost the franchise to run South West Trains to a consortium of FirstGroup and Hong Kong’s MTR. The Financial Times Robert Wright reported that South West has had the same operator since privatisation in 1996, longer than any other British rail franchise. The DfT’s…

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The Buses Bill: What’s in it for rural services?

The Buses Bill: What's in it for rural services?

In a comment piece, Claire Walters, Chief Executive of Bus Users UK, has said it is critical that rural communities are not left even further behind their urban counterparts than is already the case. She goes on to say that Bus Users is contacted on a weekly, almost daily, basis by passengers concerned that their…

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Confirmed projects receiving support from £100m Growth and Housing Fund

RIS2

There is updated allocation of some of the £100m available as part of the Growth and Housing fund established by Highways England in 2015 in their Road Investment Strategy. The Government’s £15bn Road Investment Strategy included a £100m Growth and Housing Fund (GHF) pot which provides financial contributions towards the cost of road improvements that…

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New Transport Knowledge Hub launched to help drive local growth

Transport Knowledge Hub Home Page

The Transport knowledge Hub will give local decision makers the tools to make effective transport investments The online resource will help drive inclusive and sustainable economic growth The future of local economies has been given a boost today with the launch of a new Government-supported Transport Knowledge Hub to assist with transport spending decisions which…

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