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...It already makes buses in the region....
...Ever since its initial public offering in London three years ago, the bootmaker once beloved by punks and skinheads has been a disappointment....
...HS2, whose budget has ballooned in recent years, will now stretch between Birmingham and London, though it is unclear whether it will run into the heart of the capital....
...James SkinnerDirector, ULRP, London W4, UK...
...Instead he promised to redeploy the £36bn saved from cancelling the project north of Birmingham to fund a string of smaller transport schemes, including roads, railways and buses....
...Several art-deco Tube posters hang on the walls of my home and, as a parent, I am now a regular visitor to the TfL museum in Covent Garden, where my toddlers run riot over decommissioned buses and mock Tube...
...One scoop to start: Infrastructure investor I Squared Capital is near a deal to buy Deutsche Bahn’s international transport business Arriva, one of the biggest operators of red London buses and train services...
...Just £2.2bn has been spent so far, according to HS2 Ltd’s update in June, some of which has gone on land, where the cost could potentially be recovered....
...The funding crisis is particularly acute in London....
...It already sells electric buses in Europe, Japan and India, and is taking steps to launch car models in Europe, Australia, Latin America and the Philippines....
...A World Bank study found that $4tn invested today into public buses, trains and rail networks would yield annual benefits of $1tn all the way up to 2030, totalling a net value of $19.6tn....
...The supply could be used to power trucks, buses and industrial machinery and could fill the tanks of about 100,000 lorries a day....
...BYD is now the world’s second-largest producer of electric buses and the fourth-largest maker of electric vehicles....
...On a frosty spring afternoon this week, cars were queueing down the North Circular ring road around London, waiting to enter the Friern Barnet retail park....
...and 50 per cent on buses....
...London swallowed up huge amounts of public spending on infrastructure, prompting resentment in the rest of the country, but commuters still had to squeeze into overcrowded trains, tubes and buses....
...Mr Shapps said on Tuesday that 42 Transport for London employees had died from Covid-19. It was unclear whether this was directly linked to their work....
...HS2 Ltd will lose responsibility for the Euston terminus development in central London while the phase from Birmingham to Leeds and Manchester will be recast as a northern regeneration scheme — leaving the...
...Drop us a line and join the conversation: Due.Diligence@FT.com So much for M&A being dead Megadeals are acting a bit like London buses....
...in London....
...It plans with a US partner to make buses fuelled by hydrogen....
...On Wednesdays: Lex letter from London, New York or San Francisco. On Fridays: Best of Lex, a weekly round-up. Please sign up at ft.com/newsletters...
...It’s not just the easy transport, when it works, that make London City likeable. It’s also that there are no air bridges or buses across the tarmac; you walk straight to your plane....
...Magtec produces electric drive trains for military vehicles, small trucks and buses....
...Stagecoach sells US division Stagecoach’s US buses may not have any further to go, but do its shares? Quite possibly....
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