Macquarie sells NCP to Japanese consortium

Macquarie sells NCP to Japanese consortium

Mark Moran

Australian investment bank Macquarie is selling UK parking operator National Car Parks (NCP) to a Japanese consortium. Macquarie European Infrastructure Fund II (MEIF2) is to sell its 100% interest in NCP to a consortium comprising Park24, a listed Japanese strategic buyer and Development Bank of... continue

14 Jul 2017Parking Review News

‘Big freight potential for East West Railway’

Ministers must not use cost-cutting or new funding mechanisms to undermine the East West Rail (EWR) project’s potential to carry freight, the Rail Freight Group (RFG) has said. The DfT is currently reviewing East West Rail chairman Rob Brighouse’s report into how the costs of EWR phase... continue

21 Jul 2017Local Transport Today News

Temporary station for Hadrian’s Wall?

A new rail station at Gilsland on the Newcastle-Carlisle line, serving as a gateway to Hadrian’s Wall, would cost over £28m to build, according to Network Rail. Tobyn Hughes, the North East Combined Authority’s managing director for transport operations, told councillors:... continue

21 Jul 2017Local Transport Today News
Distance-based road charge collected by insurers wins £250,000 prize

Distance-based road charge collected by insurers wins £250,000 prize

The Wolfson Economics Prize is billed as the most significant economics prize after the Nobel Prize and the £250,000 prize money is certainly not to be sniffed at. So there was huge interest in transport circles last year when prize sponsor, Lord Wolfson of Apsley,... continue

21 Jul 2017Local Transport Today News

Long-term funding demanded for cycling

Sustained investment in cycling can deliver increases in cycle use, a review of two DfT programmes has concluded.  Researchers reviewed data from the Cycling Demonstration Towns (CDT) programme that supported six cities from 2005 to 2011 and the Cycling City and Towns (CCT) programme, which... continue

21 Jul 2017Local Transport Today News
Welsh free parking plan flops as councils refuse to play ball

Welsh free parking plan flops as councils refuse to play ball

Rhodri Clark

The Welsh Government’s attempt to pilot free parking... continue

21 Jul 2017Local Transport Today News

Cash-free ticketing for Tramlink

Transport for London is to consult on moving to cash-free ticketing on Tramlink, mirroring how bus ticketing already operates in the capital. Users can currently purchase paper tram tickets from electronic ticket machines at stops but TfL says these are approaching the end of their life and sales... continue

21 Jul 2017Local Transport Today News
Long-term investment in cycling does deliver results

Long-term investment in cycling does deliver results

Lynn Sloman

This week Sustrans publishes a series of... continue

21 Jul 2017Local Transport Today Comment

NE harmonises age for travel discounts

Bus operators in North East England plan to harmonise the age young people can receive discounted travel. Go North East currently offers discounts to people aged 18 or under but Arriva defines a young person as someone under 14 and Stagecoach as someone under 16. A working group set up by the North... continue

21 Jul 2017Local Transport Today News

Cheap bus fares for Uni & NHS staff

National Express West Midlands has launched a £1 fare for NHS staff, and staff and students of the University of Birmingham for travel between the city centre and Selly Oak, where the university and Selly Oak Hospital are located. Student/staff ID must be shown. ... continue

21 Jul 2017Local Transport Today News

Concessionary fares ‘is a bus subsidy’

Welsh infrastructure secretary Ken Skates has insisted that bus operators’ reimbursement for concessionary travel is a subsidy to the industry. An Assembly committee asked Skates and his officers to comment on the bus industry’s  assertion that Welsh Government subsidy per... continue

21 Jul 2017Local Transport Today News

What is right with how our railways are run?

Roger Davies, Kendal LA9

Let’s kick-off with the outrageous fiasco of the Great Western electrification. Costs have soared from around £800m to nearly £3bn and the scheme is being cut back. It is over-engineered and all the trains have to be retrofitted as dual mode with diesel engines, much of the work... continue

21 Jul 2017Local Transport Today Comment

An OAP public transport discount card is just the ticket

John Disney, Nottingham Business School, Nottingham Trent University, Nottingham NG1

I fully agree with the views expressed by Ray Wilkes  advocating the replacement of free national bus travel by an all-modes, UK-wide discount scheme based upon the successful commercial senior railcard (Letters LTT 7 Jul). A one-third discount on all public transport fares (except mainland... continue

21 Jul 2017Local Transport Today Comment

Old electric trains for Wales

Five electric multiple unit trains previously used for Thameslink services will be deployed in Wales from next year, to provide additional capacity and assist with meeting mandatory disability requirements by 2020. The trains will be leased following an initial £1.9m investment by the Welsh... continue

21 Jul 2017Local Transport Today News

Cash released for Metro route planning

West Midlands Combined Authority is to spend £9.5m on taking the ten-mile Midland Metro route from Digbeth in East Birmingham to Solihull through the Transport and Works Act Order process. The initial outline business case shows an outturn cost of £735m, including a 50% optimism bias... continue

21 Jul 2017Local Transport Today News

Far North sleeper train probed

Hitrans, the Highland and Islands transport partnership, has appointed consultant SYSTRA to explore the case for a sleeper train between Edinburgh/Glasgow and Wick or Thurso (LTT 28 Oct 16). The train would make use of the Mark 3 sleeper stock currently used on anglo-Scottish services, which will... continue

21 Jul 2017Local Transport Today News

Mayor consults on CIL2 for Crossrail 2

The Greater London Authority is consulting on a new mayoral Community Infrastructure Levy to help pay for Crossrail 2, the proposed rail link connecting south-west and north-east London. The current mayoral CIL was introduced in 2012 to help fund  east-west Crossrail. It applies to development... continue

21 Jul 2017Local Transport Today News

Oxford to Cambs Expressway contract

Highways England has awarded consultant Jacobs a £15.1m contract to conduct the options stage of the Oxford to Cambridge Expressway project. The contract runs to 30 September 2019. It was procured via lot 1 of the HE’s collaborative delivery framework. ... continue

21 Jul 2017Local Transport Today News

Operating costs and revenues fall at TfL

Transport for London’s fares income was £167m lower than forecast last year but this was offset by operating costs falling for the first time since 2000, in part due to a big fall in the organisation’s headcount. Ian Nunn, TfL’s chief finance officer, said total operating... continue

21 Jul 2017Local Transport Today News

Embattled Carillion reviews business

Infrastructure and property services group Carillion is reviewing its operations in response to growing financial problems.   Carillion is one of the largest contractors in the UK road and rail sectors and is a member of a joint venture that has just secured two of the HS2 phase one... continue

21 Jul 2017Local Transport Today News

Grayling announces winners of HS2 phase one contracts

Transport secretary Chris Grayling has announced the winners of £6.6bn of contracts for construction of the London to West Midlands phase of HS2. Shortlisted bidders for the station design contracts have also been named.  The civils contracts are split into two stages: stage one covering... continue

21 Jul 2017Local Transport Today News

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