6.6 C
London
Friday, September 30, 2022

Finance

RELATED

TfL long term funding settlement agreed

The Secretary of State for Transport, Grant Shapps has announced the agreement of a new long-term funding settlement between Transport for London (TfL) and government. The final extraordinary funding settlement expired on 3 August and a new settlement has...

Transport Secretary boosts investment for rail in the North to over £9 billion

Passengers in the North are set to benefit after the Transport Secretary, Grant Shapps more than trebled the investment for TransPennine route upgrades (TRU). The increased spending should cut journey times and reduce carbon emissions by up to 87,000...

Hitachi Rail completes acquisition of Bombardier Transportation’s contribution to the ETR 1000 platform

Hitachi Rail has successfully closed the acquisition from Alstom of intellectual property rights and business activities related to Bombardier Transportation’s contribution to the ETR 1000 high-speed trains operating in Italy, France, and Spain.The transaction is part of Alstom’s commitments...

ORR to simplify guidance for rail investors

The Office of Rail and Road (ORR) has announced plans to modernise and simplify its own Investment Framework. The Investment Framework sets out legislation and processes for anyone wishing to invest in the rail industry, including the role of respective...

Greater Anglia fined fare dodgers and fraudsters over £4 million in 2021

Fare dodgers and fraudsters paid over £4 million to Greater Anglia in 2021 in fines from fare evasion and repayments for claiming compensation or refunds for journeys they didn’t make. The company’s revenue protection officers (ticket inspectors) issued over 54,000...

Latest News

NSAR Rebrand Supporting Businesses Bridge the Skills Gap

NSAR is pleased to announce a rebrand to support its new deeper business focus. NSAR has spent the past 12-months...