Finance

The Railway Industry Association (RIA) has published a new discussion paper which sets out a place-based approach for delivering better stations across the nations and regions of the UK. The paper, ‘Stations: Engines of Communities’, calls for a new private...

The latest statistics from the Office of Rail and Road (ORR) show that train fare revenue between April 2023 and March 2024 rose by 14% to £10.4 billion compared to the previous twelve months, but at a slower rate than passenger...

Network Rail has achieved its first Fair Tax Mark accreditation from the Fair Tax Foundation, demonstrating the company’s commitment to responsible tax conduct. The Fair Tax Mark is the gold standard accreditation for responsible tax conduct awarded by the Fair...

Rolling stock financier and asset management company Porterbrook has announced the successful closing of its £250 million Private Placement. The transaction, which includes existing and new investors, has enabled the company to extend its debt maturity profile at attractive pricing...

New research from WPI Economics, commissioned by Rail Delivery Group, reveals the rail industry generated £26 billion in economic, environmental and social benefits to UK over the past year, with rail customers contributing £98 billion through spending within local...

The High Speed Rail Group (HSRG) has released its latest report, ‘Driving Investment in Rail Infrastructure’. This report outlines the critical steps needed to develop a comprehensive long-term rail infrastructure strategy that actively engages the investment community and explores...

Business Doncaster and Invest Goole, both the economic development arms of their local councils, have partnered to work together in delivering an investment message for ‘Rail in Yorkshire’. Doncaster and Goole are centrally located in the UK, with excellent access...

The National Audit Office (NAO), which scrutinises public spending for Parliament,  has today (Tuesday 23 July) released its report on HS2 and value for money. The report details that billions of pounds and significant benefits of the project have been...

At the Severn Valley Railway’s 52nd Annual General Meeting on Saturday 22 June, Chairman Chris Walton addressed shareholders and explained that the ‘commercial turmoil’ of 2022 had continued into 2023, and the railway had needed to make substantial cost...

The Severn Valley Railway has announced a new fundraising appeal, aimed at supporting its operational resilience in the coming years. Called the SVR Resilience Fund, it is replacing the railway’s Survival Fund appeal, launched last year. “We are indebted to...