Category: Rail industry

HS2 bill could rise to £102bn with first trains delayed until 2039, government admits

Transport secretary says first official estimate in 2026 prices shows cost turbocharged by inflationBusiness live – latest updatesThe HS2 high-speed railway will now cost up to £102.7bn and trains will not start...

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Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updatesTrainline has said the US standoff with Iran is hitting its revenues, with rail...

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Labour revives Northern Powerhouse Rail project with pledge of £45bn funds

Plan will start with TransPennine upgrade with new line connecting Liverpool and Manchester in second phaseLong-awaited plans for better railways across the north of England have been given government backing with an undertaking...

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Launch of East West Rail services to be delayed in row over guards on trains

Trains between Oxford and Milton Keynes put back to 2026 partly due to dispute, Chiltern Railways saysThe start of passenger services on the new East West Rail line will be delayed until at least 2026 with no start date...

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