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Vince Cable: Bombardier U-turn would make us look bad

THE Government has admitted it is more interested in saving face than saving Britain’s last train maker, Bombardier.

Wednesday, 24 August 2011

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  • Cosco warned of worldwide ship seizuresOne of Greece's highest-profile shipowners threatens to seize back ships leased to China's biggest shipping company, after it halted payments on high-priced charter contracts

The Telegraph

  • Do we need speed cameras? New data released by the government shows many speed cameras are simply being used to raise cash and do not reduce accidents or save lives.

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  • Air links vital for future “ NestransA north-east transport group will urge the Department for Transport to reconsider its œone size fits all approach when evaluating how accessible London is from other parts of the country.

The York Press

  • Rail firm makes loss of £8.5m YORK train operator Grand Central has sought to reassure passengers after new figures revealed it made a loss of almost £8.5 million in the year to March 31.

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Wall Street Journal

  • Fight To Save Bombardier's U.K. Rail Plant Not Over - Derby MP TORONTO (Dow Jones)-The fight to save Bombardier Inc.'s (BBD.B.T) Derby train factory, the U.K.'s only train-manufacturing facility, isn't over yet, even though U.K. Prime Minister David Cameron refuses to reopen the bidding process for the GBP1.4 billion (US$2.3 billion) Thameslink commuter rail contract, a Derby Member of Parliament said.

Bus and Coach.com

  • PTEG forecasts bus cuts and fares risesBetween 2009 and 2014 bus fares in England™s six biggest urban areas outside London will have increased by 24 per cent while passenger numbers will have fallen by 20 per cent, according to the worst-case scenario in the latest research from PTEG, the Passenger Transport Executive Group.
  • Revised Wrightbus hybrids ready to rollThe first new Wrightbus vehicles to be fitted with the latest version of the company™s hybrid drive are about to be delivered to Go-Ahead in London.
  • Metroline loses in London tendersMetroline will lose three routes requiring 53 buses when the latest round of Transport for London tender awards takes effect next spring.
  • Bristol plans BRT fundingBristol city council is considering either a workplace parking levy or a rise in business rates to raise around £3.
  • New project managers for Edinburgh tramConsultants Turner & Townsend have been appointed project managers for the Edinburgh tram, replacing council-owned Transport Initiatives Edinburgh which is now expected to close.

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Green Miscellany

  • LED there be light, for bicycle wheels The advent of LED technology has resulted in bicycle lights that are more compact, efficient and bright than ever before. Not only are lights more powerful – the latest crop of LED, Xenon strobe and high-intensity discharge (HID) bicycle lights are rated at over 2000 lumens, which is more powerful than a car headlamp “ they are being used more creatively. Lights are available that can be clipped onto belts or incorporated into jackets and even gloves, and two new designs from America see them built into bicycle wheels.read more

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