'Generating Land Value to Grow London: A New Residential Funding Approach’ from BusinessLDN recommends building on the tax increment financing (TIF) model which allows borrowing against future increases in tax revenue resulting from infrastructure projects in order to finance those transport schemes. TIF is a value capture tool that uses taxes on future gains in real estate values to pay for new... continue
International digital payments group EasyPark has bought Parkopedia, a provider of connected car... continue
The UK’s used car market grew by 5.5% to 7,643,180 transactions in 2024,... continue
The UK automotive sector is investing in a skills drive to grow apprenticeship numbers by almost a sixth in 2025, according to a new survey by the Society of Motor... continue
Four UK automotive apprentices will get the... continue
Electric vehicles accounted for more than a fifth of new car registrations as overall market contracts by -2.5% to 139,345... continue
The transport spending pledge of £4.7bn for the North of England and the Midlands made by the previous Government appears to be being reviewed by the DfT. The ‘Network North’ funding was intended to redeploy the funds that had initially been allocated to the northern leg of HS2,... continue
Growing concerns within Transport for London about the risk of continuing bus contract cost rises with the dwindling number of bidders interested are unlikely to be allayed despite FirstGroup returning to run services for TfL with its agreement to purchase RATP Dev Transit London and its... continue
FirstGroup plc has some £4.7bn in revenue and around 30,000 employees from its bus and rail services, transporting almost 2m passengers a day in FY 2024. First Bus is one of the largest regional bus operators in the UK, serving more than 20% of the population with a fleet of around 4,800... continue
There are nominally 15 bus operators currently running London Bus services, but eightof these belong to the same four major groups either as specific subsidiaries for different areas, or through the acquisition of former private operators. With the re-entry of First through the takeover of the two... continue
Regions and elected mayors need a bigger role in railways because rail is not isolated from their agendas on subjects such as housing and economic growth, Shadow Great British Railways Chair Laura Shoaf has told the House of Commons Transport Committee. The Labour Government is committed to deeper... continue
Cambridgeshire & Peterborough looks set to become the latest devolved region... continue
The overall number of bus and train journeys in Scotland continues to recover from the impact of the Covid-19 pandemic and overall, but people are still travelling less on public transport than in 2019, reveals the latest Transport Scotland’s National Transport Strategy Monitoring and... continue
Once set up, Great British Railways will retail tickets online by bringing together the existing individual train operators’ websites, but face competition from commercial rivals,the Government has announced. “GBR will work alongside a thriving private sector retail market, where... continue
OpenAI has released a pilot artificial intelligence-powered agent tool that could support travel booking by interacting with websites by typing, clicking and scrolling. Dubbed “Operator,” the tool can search and complete purchases for things like travel, groceries, events, restaurant... continue
The DfT is to give East Midlands nearly £200m for transport projects across Derby, Derbyshire, Nottingham, and Nottinghamshire for 2025/26. Funding for East Midlands Combined County Authority (EMCCA) will come from a range of sources including an extra £66m specifically for Mayoral... continue
The East Midlands Combined County Authority (EMCCA) has... continue
A transport spending pledge of £4.7bn for the North of England and the Midlands made by the previous Government is to be reviewed by the DfT. The funding was intended to redeploy the funds that had initially been allocated to the northern leg of HS2, which was axed by Prime Minister Rishi... continue
Rachel Reeves has reaffirmed that the East-West Rail project is pivotal to creating... continue
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