The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOG.L Share News (GOG)

  • There is currently no data for GOG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

MTR Corp wins 1.4 bln stg deal to run London's Crossrail

Fri, 18th Jul 2014 07:50

LONDON, July 18 (Reuters) - Transport for London (TfL) saidon Friday it had awarded a 1.4 billion pound ($2.4 billion)contract to run Britain's Crossrail rail service to MTRCorporation, the Hong Kong Metro operator.

The 15 billion pound project, due to open in 2018, willconnect Heathrow airport west of London to the county of Essexin the east through 42 km of new tunnels in a bid to speed upconnections and relieve pressure on London's crowdedunderground.

MTR, which together with Arriva already runsLondon's Overground metro service, has signed a contract foreight years with an option to extend to 10 years and is expectedto employ around 1,100 staff with up to 850 new posts.

Train operators Arriva, National Express and a jointventure between Keolis and Go Ahead were the othershortlisted bidders, with the latter expressing itsdisappointment at the decision in a statement on Friday.

MTR will start running the first services from May 2015between London's Liverpool Street railway station and Shenfield,Essex, with the central route under the capital opening in late2018 and the full service in operation from December 2019.

($1 = 0.5848 British Pounds) (Reporting by Neil Maidment, Editing by Paul Sandle)

More News
31 Jul 2020 12:32

In UK statisticians' eyes, rail industry back under state control

LONDON, July 31 (Reuters) - Britain's rail industry, privatised in the mid-1990s, is now back under state control -- in the eyes of the country's statistics agency.Britain's Office for National Statistics said on Friday the scale of government int...

Read more
17 Jul 2020 09:38

UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy

UK BROKER RATINGS SUMMARY: Deutsche Bank Raises National Grid To Buy

Read more
25 Jun 2020 09:42

UPDATE 2-UK blue-chips rise with European peers; Royal Mail drags mid caps lower

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* Royal Mail drops 12.4% after scrapping dividend* Lender NSF warns of going concern risks* Travel and leisure stocks hit one-month low* FTSE 100 up 0.4%, FTSE 250 off 0.2%* Ban...

Read more
24 Jun 2020 13:42

Wednesday broker round-up

(Sharecast News) - G4S: Credit Suisse upgrades to outperform with a target price of 140p.

Read more
18 Jun 2020 12:17

Britain approves spending of 3.5 billion pounds on railway bailout

LONDON, June 18 (Reuters) - Britain has so far approved spending of 3.5 billion pounds ($4.38 billion) to keep its railways running during the coronavirus pandemic, the government said on Thursday.Under emergency measures brought in on March 23 fo...

Read more
28 May 2020 16:17

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
27 May 2020 09:30

UK BROKER RATINGS SUMMARY: Berenberg Downgrades Pearson To Sell

UK BROKER RATINGS SUMMARY: Berenberg Downgrades Pearson To Sell

Read more
26 May 2020 15:22

Go-Ahead's Govia Using Disinfectant Which Can Kill Virus For 30 Days

Go-Ahead's Govia Using Disinfectant Which Can Kill Virus For 30 Days

Read more
22 May 2020 13:37

Friday broker round-up

(Sharecast News) - Whitbread: RBC Capital Markets reiterates underperform with a target price of 2,350p.

Read more
22 May 2020 13:34

Jefferies stays at 'buy' on Go Ahead, likes portfolio and balance sheet

(Sharecast News) - Analysts at Jefferies reiterated their 'buy' recommendation for shares of Go-Ahead Group, highlighting the attractions of its portfolio, especially its UK franchise and balance sheet positioning.

Read more
22 May 2020 10:32

TOP NEWS: Go-Ahead Issues Profit Warning Over German Rail And Covid-19

TOP NEWS: Go-Ahead Issues Profit Warning Over German Rail And Covid-19

Read more
22 May 2020 09:23

UPDATE 2-Asia-focused banks lead FTSE 100 lower as trade tensions flare

(There will be no London stock market report on Monday May 25 due to a UK public holiday.)* HSBC, StanChart tumble to multi-year lows* FTSE 100 set for second straight monthly gain* Both major indexes log strongest week in six* April retail sales cr...

Read more
22 May 2020 08:11

UPDATE 1-Go-Ahead Group warns coronavirus will hit profit, shares slump

(Adds detail, background, share price)LONDON, May 22 (Reuters) - Britain's Go-Ahead Group warned that the impact of the novel coronavirus would hit profits this year, and uncertainty around the use of public transport once lockdown eases means it ...

Read more
22 May 2020 07:46

LONDON MARKET PRE-OPEN: Burberry And United Utilities Profit Drops

LONDON MARKET PRE-OPEN: Burberry And United Utilities Profit Drops

Read more
22 May 2020 07:43

Covid-19 puts brakes on Go-Ahead profits

(Sharecast News) - Shares in Go-Ahead fell heavily on Friday, after the travel group warned that the Covid-19 outbreak and ongoing problems at its German rail franchise would hit full-year profits.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.