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Iran releases UK sailors - reports

The Foreign Office is examining reports that five British sailors captured in Iranian waters last Wednesday have been released.

News: Fresh hope in FCC dispute, but now Southern faces strike

First Capital Connect has revealed that it has improved its pay offer to drivers, as the ban on rest day working and overtime nears the end of its third week. But now there's trouble on the horizon at Southern, where the RMT has called a strike ballot in a dispute over Christmas pay.

BAA places £235m Sterling bond to refinance existing debt

BAA today announces that it has successfully placed a £235 million Sterling index-linked bond, with a 2039 maturity and a fixed real annual interest coupon of 3.334%...

Rail firms try to steer clear of replacement buses

The departure screen at Euston station. Photograph: Cate Gillon/Getty Images Network Rail is removing replacement bus services from major train routes following widespread criticism of the disruptio...

Wednesday, 02 December 2009

Financial Times

  • Maersk chief signals a change in directionThe owner of the world's largest container shipping line identifies three areas outside its core shipping interests as the priority for future investments
  • Eurotunnel buys rail freight businessThe company that runs the Channel tunnel between France and England is to become one of France's biggest rail freight operators after its acquisition of Veolia Transport's French operations

The Scotsman

Times Online

Reuters News

  • London commuters LONDON (Reuters) - London's underground train system suffers from so much overcrowding that passengers have to
  • UK facing hung parliament next year - opinion pollLONDON (Reuters) - Britain could be heading for a hung parliament next year because support for the Conservatives may not be enough to secure the party an overall majority, an opinion poll showed on Tuesday.

The Mirror

Journal Live

London Evening Standard

  • Car scrappage deal is parked by MandelsonLord Mandelson's successful car scrappage scheme will reach the end of its road in next week's pre-Budget report, Whitehall sources said today. With 270,000 new car and van orders credited to the subsidies, it will end when the funds of £400million are exhausted. Drivers can claim £2,000 off a new vehicle if they scrap a 10-year-old car. The scheme has been lengthened once, but a source said: "It will not be extended again next week."

Yorkshire Evening Post

Yorkshire Post

  • Colin Bamford: How passengers pay the price for privatised railways When National Express walked away from running the East Coast Main Line – Yorkshire's vital transport link with London and the South East –the service was instantly and seamlessly taken over by a Government-owned operation. Named simply East Coast, its logos and badges replaced those of National Express over the course of a weekend, although I was amused by the fact that a train guard had to correct himself and name the new company while welcoming passengers over the intercom.

Sunderland Echo

The Shields Gazette

Forbes

International Herald Tribune

Washington Post

  • GM's U.S.-appointed chief resigns after eight months General Motors chief executive Fritz Henderson resigned unexpectedly Tuesday from the government-owned company, once again unsettling the ranks at the nation's largest automaker as it struggles to right itself after bankruptcy.

Chartered Institute of Logistics and Transport

  • Call for further action on aircraft CO2 emissionsGreater work is required to reduce the growing levels of carbon dioxide (CO2) produced by aircraft in the UK, it has been claimed.Heathrow Association for the Control of Aircraft Noise (HACAN) spokesperson John Stewart stated the aviation sector should explore the possibility of "reducing the number of planes in the sky"."More needs to be done both in developing cleaner planes," he declared, adding there is a role for the government to play and "airport expansion should be brought to an end" in order to reduce emissions.According to Mr Stew...

Railnews

  • News: Tube overcrowding causing increasing stress, report warns A new report is claiming that overcrowding on the London Underground has reached such levels that passengers are having to nerve themselves to use the service. The Underground is carrying historically high numbers of passengers, and a recent slight downturn in traffic does not seem to have made much difference.
  • News: Fresh hope in FCC dispute, but now Southern faces strike First Capital Connect has revealed that it has improved its pay offer to drivers, as the ban on rest day working and overtime nears the end of its third week. But now there's trouble on the horizon at Southern, where the RMT has called a strike ballot in a dispute over Christmas pay.

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