You are here
Home > Uncategorized (Page 157)

New financial rescue deal saves Eurostar

EUROSTAR has reached agreement with its shareholders and banks, lifting the threat which had been hanging over the operator as a result of the Covid pandemic and resulting travel restrictions. The deal is worth £250 million, and it consists mainly of additional equity and loans from a syndicate of banks backed

TfL funding deal given short extension

updated 10.46FUNDING for Transport for London has been extended until 28 May, while talks continue with the government over a longer-term financial settlement. TfL said: ‘We continue to discuss our funding requirements with the government and hope these discussions can be concluded successfully soon, to enable a strong and robust recovery

New editor for The Railway Magazine!

It’s a case of continuity, history and evolution for Britain’s oldest trackside journal, The Railway Magazine, as it nears its 125th anniversary with a wealth of experience and a new-look team. The magazine, which began publication in 1897, continues its mission to report on the current railways scene as well as

RAIB inquest into 2016 Croydon tram crash opens

Photo: RAIB An inquest into the Croydon tram derailment in 2016 -which caused the deaths of seven people – has opened. A further 51 people were injured when the derailment happened in south London on November 9, 2016. Also see The inquest was initially due to begin in October 2020, but was postponed

First of new West Midlands trams arrives

THE first of eight additional trams for West Midlands Metro has been delivered from Spain. Five of the eight CAF trams will be needed later this year when extensions open in Birmingham and Wolverhampton, and have batteries as well as a conventional pantograph so that they can run on sections where

Industry reveals Intercity Express recovery plan

Updated 09.55, 10.08 A PLAN to bring Hitachi Intercity Express trains progressively back into service has been unveiled by Hitachi, the Rail Delivery Group and the operators affected by the discovery of hairline tracks on some units in Classes 800 and 385. Services are back to normal on Hull Trains, ScotRail and

Top