Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

North of England rail faces ‘utter chaos’, warns business group

by November 28, 2022
November 28, 2022
North of England rail faces ‘utter chaos’, warns business group

Business leaders have warned that rail services across the north of England could “collapse into utter chaos” unless the government pushes urgently for a resolution to months of disruption.

Rail services are already recording historic levels of cancellations, and the imminent introduction of a new timetable could lead to a “crisis”, the Northern Powerhouse Partnership (NPP), which represents industry in the north of England, has warned in a letter to the UK transport secretary, Mark Harper.

The call for urgent government intervention in the privately run rail services was led by the NPP’s vice-chairs, the former Siemens UK chief executive Jürgen Maier and Jim O’Neill, the former chief economist at investment bank Goldman Sachs, who is among the possible bidders for Manchester United football club. The lobby group is chaired by the former chancellor George Osborne to push for economic development in the north of England.

Maier said the disruption was costing travellers and companies dearly in lost time and business, with corporate events and associated businesses such as hotels and restaurants particularly affected.

“We’re saying: government, you really need to put pressure on and make sure you resolve this issue and get business going again before we have a miserable Christmas,” Maier told BBC radio on Monday.

The rail companies’ current reliance on employees working overtime to run services was just not sustainable, he said. “The whole timetable is going to fall to pieces, and there’s going to be even more cancellations, and people won’t be able to rely on these important services.

“We are not able to continue as we are. If we do not get approval for a rest day working agreement to be negotiated this week it will be too late.”

The proportion of cancelled services in Great Britain has more than doubled since 2015, rising to one in 26 of all train journeys being disrupted in the year to 15 October, according to an analysis this month by the Observer of figures from the Office of Rail and Road (ORR). Services have also been disrupted by a wave of strikes, with more due to take place over Christmas unless unions can reach agreements with the government.

The NPP said there were already more cancellations across the north of England on TransPennine Express than after the May 2018 crisis, when the introduction of a new timetable led to the cancellation of thousands of trains over weeks of disruption. That has raised concerns about an even worse impact this time around, when a new timetable with increased services comes in on 11 December.

“When the new timetable comes in, as soon as it is attempted to deliver it in full, the system will collapse into utter chaos,” said a statement by the vice-chairs.

The NPP highlighted in particular services run by Transpennine Express and the Avanti West Coast main line, both of which are majority-owned by First Group, an £800m company listed on the London Stock Exchange. The Avanti disruption has meant that services between London and Manchester are running only once an hour compared with the usual three times an hour. First Group was approached for comment.

In a statement to the BBC, which first reported on the NPP’s letter, Transpennine said: “We are sorry to anyone who has been affected by this ongoing disruption. This has been caused by high levels of train crew sickness, an intensive crew training programme (which includes a training backlog as a direct result of Covid), and infrastructure issues outside of our control.”

Read more:
North of England rail faces ‘utter chaos’, warns business group

0
FacebookTwitterGoogle +Pinterest
previous post
Female-led Pact Launches £30m Seed Fund with Focus on Inclusion, Well-being, and Climate
next post
Ineos in talks with Rolls-Royce on mini-nuclear power plant technology

You may also like

Sunak and Hunt to host 200 UK industry...

February 10, 2023

HSBC and Lloyd’s of London show differing opinions...

February 27, 2023

MUFG and export credit agencies unlock €1.2bn financing...

January 5, 2024

Services sector basks in the warmth of leisure...

June 5, 2023

Hiring falls across the country as uncertainty impacts...

May 15, 2023

Former BBC Dragon James Caan works tirelessly to...

October 28, 2022

Bank of England to stop government bond-buying scheme...

October 14, 2022

Office Tables for Personalized Workspaces in the Philippines

February 19, 2024

MMA Shorts Hayabusa

December 20, 2024

Vauxhall to build electric vans at Luton plant...

February 22, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How Automated Packaging is Revolutionizing Supply Chains

      May 15, 2025
    • Business Settings that Need Rolling Shutters

      May 15, 2025
    • What’s Driving the Drop in Overdose Deaths?

      May 15, 2025
    • The real breakthrough in U.S.–China trade talks is much bigger than just tariffs

      May 15, 2025
    • Dem senator says ‘no doubt’ Biden declined cognitively during presidency

      May 15, 2025
    • Trump makes historic UAE visit as first US president in nearly 30 years

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,960)
    • Politics (15,230)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved