Bombardier shares plunge as costs rise PROBLEMS with European rail projects have contributed to a one-third fall in Bombardier shares. Parts of its aviation business are also struggling, and the plane-builder is ‘reassessing’ its minority stake in the A220 jet programme, according to Reuters. Bombardier is shedding unprofitable parts of its

Words: Mark Smithers In 1965, the Skipton to Ilkley line was closed by Dr Beeching. The line reopened 16 years later as the Embsay & Bolton Abbey Steam Railway and has gone from strength to strength. It is now bidding to reach Skipton. In less than four decades of operation during the

THERE are renewed concerns from council leaders that Boris Johnson could be poised to scrap Phase 1 of HS2 between London and Birmingham, diverting the money to other transport projects further north. The eastern spur from Birmingham to the East Midlands and Leeds could also be at risk. A meeting of

MD of troubled Caledonian Sleeper franchise steps down THE managing director of Caledonian Sleeper Ryan Flaherty is to leave his post after almost two years. Franchise owner Serco said Mr Flaherty was leaving for ‘family reasons’, and would be returning home to the south of England. He will move to another

Glyn Davis Wood in Warwickshire, more than half of which will be lost to HS2 development. HS2 risks destroying “huge swathes” of irreplaceable habitats, including 108 ancient woodlands. The Wildlife Trusts have said HS2 will damage the ecosystems that could solve the climate emergency. The organisation said in its new report – which

TRAIN operators have been warned by the white collar rail union TSSA that a national rail strike is on the cards if any changes are made to the Railways Pension Scheme. The RPS was set up in 1994 as part of railway privatisation and is still open to new members but

THE Government is placing the highly controversial Retail Prices Index or RPI under the microscope, the Chancellor has confirmed. The RPI each July is used as the basis for rail fare changes the following January, but it has been criticised because the Office of National Statistics no longer recognises it as

THE Government is placing the highly controversial Retail Prices Index or RPI under the microscope, the Chancellor has confirmed. The RPI each July is used as the basis for rail fare changes the following January, but it has been criticised because the Office of National Statistics no longer recognises it as

A REPORT from the Wildlife Trusts published today claims that HS2 would cause destruction to natural habitats in England on a ‘vast scale’. The report, entitled ‘What’s the damage? Why HS2 will cost nature too much’, alleges that ‘HS2 will divide and destroy huge swathes of irreplaceable natural habitat and important protected

Battery train sets British record A BATTERY train from Vivarail has achieved a British first by travelling 64km on battery power alone, and the feat has been repeated many times during tests. The Class 230 units are conversions and upgrades of former London Underground D-stock cars and have been produced with