All the updated news related to nationalise

All the news related to nationalise updated in real time

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Calls to nationalise TransPennine Express after ‘one of worst days yet’

Ministers must nationalise TransPennine Express following “one of the worst days yet” for passengers, according to Labour. Shadow transport secretary Louise Haigh said more than 120 TransPennine Express services were cancelled or disrupted on ...

19 Jan 2023 at 15:05

City

Thames Water appoints new chair as questions swirl about its future

Thames Water has chosen a new chairman just two days after its chief executive stepped down amid serious questions over the debt-laden company’s future. It came as the Government tried to calm the waters by saying that the utility has ...

29 Jun 2023 at 17:34

City

Contingency plans being drawn up for possible collapse of Thames Water – reports

The Government is reportedly drawing up contingency plans for the emergency nationalisation of Thames Water as concerns grow over its mammoth £14 billion debt pile. Ministers are said to be in talks about the possibility of ...

28 Jun 2023 at 11:48

City

Ratings agencies downgrade Thames Water further into ‘junk’ status

Credit agencies Moody’s and S&P have downgraded Thames Water’s debt rating even deeper into junk status, in a fresh blow to the struggling utility. The agencies have both cut their ratings for the water company after it ...

27 Sept 2024 at 09:24

Haigh says affordability is a priority but refuses to rule out rail fare hikes

Transport Secretary Louise Haigh has declined to rule out future rail fare hikes as she set out her “priority to keep public transport affordable”. Taking questions at the despatch box on Thursday, Ms Haigh told MPs ...

21 Nov 2024 at 12:01

City

Thames Water has ‘secure and committed’ funding, Government insists

The Government has doubled down on its reassurances that troubled Thames Water has “secure and committed” funding, as the water sector’s £60 billion debt pile comes under greater scrutiny. Access to water and ...

29 Jun 2023 at 16:02

What is behind Thames Water’s latest planned bill hike and ongoing cash crunch?

City

What is behind Thames Water’s cash crunch and is it heading for nationalisation?

Thames Water has put forward new business plans to the industry regulator as it races to secure funding and stave off the threat of nationalisation. Its latest plan has seen it warn of 44% hikes in customer ...

22 Apr 2024 at 16:04

Q&A: Labour’s plan for rail reform and the background to nationalisation

Labour has announced a flagship policy to renationalise the railways if the party wins the general election. Here, the PA news agency sets out the details of the plan, the political response and the ...

25 Apr 2024 at 16:22

Labour pledges to renationalise railways ‘well within first term’ if elected

Labour has pledged to renationalise the railways if elected, with the shadow transport secretary saying that “today’s broken model simply doesn’t work”. A Labour government would expect to transfer ...

25 Apr 2024 at 10:31

Public transport statistics to be ‘plastered on walls’ of Government department

Train and bus performance statistics will be “plastered on the walls” of Department for Transport (DfT) offices, a Cabinet minister has said. Transport Secretary Louise Haigh told MPs she wants to ...

13 Nov 2024 at 12:47

Calls to assess and rank existing rail franchise agreements rejected by MPs

MPs have rejected calls from peers for the Government to assess and rank rail franchise agreements based on performance. Transport Secretary Louise Haigh argued that assessing franchises as part ...

19 Nov 2024 at 16:51

Labour would seek to end rail industry ‘boom and bust’, Sir Keir Starmer says

Labour would bring an end to the “boom and bust” cycle for the rail industry, Sir Keir Starmer has said, as his party sets out its plans for the rail sector. The Labour leader said that ...

25 Apr 2024 at 18:00

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