December 2017


Work starts on TransPennine bullet trains

Hitachi Rail Europe said production has started on new intercity trains for northern England, Scotland and the TransPennine Express. It said 19 new five-carriage trains harnessing Japanese…


Drax takes £10m hit from power station outage

Shares of North Yorkshire-based power company Drax Group fell more than 4% after it said biomass deliveries are currently restricted after an unplanned outage on the rail unloading facilities…






Persimmon bosses leave amid excessive pay row

York-based house builder Persimmon said its chairman Nicholas Wrigley will resign and remuneration committee chair Jonathan Davie has resigned amid a row over excessive executive pay…