Network Rail loses out to HS2 brain drain

Senior managers quit for more glamorous high-speed project

Labour accuses Tories of rail ‘betrayal’

Electrification delays hinder Northern Powerhouse promises

More delays on UK’s creaking rail network

The government must mind the gap between promises and delivery

Delays bedevil ‘God’s Wonderful Railway’

Newts and dormice conspire with the weather to frustrate upgrade

Commuter chaos: London Bridge station
©PA Wire

London Bridge upgrade draws passenger ire

Poorly planned engineering works causes massive disruption

Network Rail upgrades shunted into sidings

Government shakes up operator after costly management delays


Stagecoach expands European bus business

UK transport group’s pre-tax profit rises 4.5% in 2014-15

Holidaymakers face more French strikes

Truck drivers hit by ferry workers’ action at Calais

London tube drivers vote to strike

Aslef members to walk out over plans for all-night services

Investors board Chinese train maker

Combined railway entity takes fast track to export market but slow line to reform

Network Rail boards California rail line

Consortium wins programme delivery and management services work for $68bn high-speed railway

Call to shake up Network Rail funding

Watchdog questions company’s ability to deliver

FirstGroup investors cheer on buses

Margins for bus operations offset miserable UK rail performance

Flybe: plane truths

UK regional carrier wants to compete with the railways as well as airlines

FirstGroup profits rise on bus turnround

Loss of several lucrative rail contracts weigh on revenues

Corporate diary: June 8 — June 12

Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters

Business wary of Tory devolution plans

Push for directly elected mayor criticised

Union suspends UK national rail strike

Network Rail puts forward revised pay offer in Acas talks

Union Pacific to challenge oil train rules

Surge in traffic exposes shortcomings in safety regulations

Rail revival spurs commuter projects

Growth in passenger numbers helps reverse Beeching cuts


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