Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

UK to replace flights with rail

Aug 05 2009 12:46

Related Articles

Jet fuel shortage angers govt

Union hits out at Metrorail

UK nationalises key rail route

Snow could cost UK millions

Heathrow expansion gets the nod

UK economy closer to recession

 

Top Stories

Xstrata shuts furnaces to aid Eskom

Feb 13 2012 12:15

Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.

SA economy adds 80 000 jobs in January

Feb 13 2012 10:43

Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.

Greece at last approves austerity measures

Feb 13 2012 07:58

Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.

 
Share Share line Print

London - Britain is aiming to replace short-haul flights with high-speed rail travel in a multi-billion pound plan that is well advanced, the transport minister said on Wednesday.

Transport Secretary Andrew Adonis told the Guardian newspaper that plans for a route from London to Britain's second largest city Birmingham would be published by the end of the year.

The route, estimated to cost £7bn (€8.2bn, $11.8bn) could be funded with a public-private partnership.

Under the ambitious plan, a north-south line could be extended to Scotland, while some high-speed trains could be run on existing networks, the newspaper said.

"For reasons of carbon reduction and wider environmental benefits, it is manifestly in the public interest that we systematically replace short-haul aviation with high-speed rail," Adonis said.

"But we would have to have, of course, the high-speed network before we can do it."

Adonis said he would also like to see some short-haul flights between Britain and Europe "progressively replaced" by an ultra-fast rail network.

Prime Minister Gordon Brown's government has pledged to reduce greenhouse gas emissions by 80% by 2050.

-AFP

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook still a closed book in China
Feb 08 2012 16:59

Mark Zuckerberg wants to ''friend'' China's massive market but how far is he prepared to go, and against what competition?

NicolaaSmith

IFRS authorize Capital Maintenance in Units of Constant Purchasing Power except during hyperinflation Capital is required to create wealth. Sustainable wealth creation is the sustainable profitable application of real capital. Capital is generally saved up wealth or borrowed financial resources at ... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...