Click here to listen to the latest rail news on Monday, 19th April 2021
The latest rail news on Monday, 19th April 2021
Rail passengers are being urged to travel either side of the early May bank holiday when hundreds of railway engineers improve the West Coast main line.
Millions of pounds is being invested to improve future journeys for passengers and freight on Network Rail’s West Coast South route.
Between Saturday 1 and Monday 3 May, Euston station will be closed to main line train services – apart from the Caledonian Sleeper services – while track upgrades take place in London, Watford and Milton Keynes.
Eurostar is said to have signed a deal with its lenders to refinance hundreds of millions of pounds of debt as it looks to secure financial support from the UK government.
An article in City AM says a group of banks, including Natwest, have agreed to refinance £400 million of loans that were due to be repaid this summer, the Daily Telegraph reported.
A major milestone has been reached on the Birmingham Westside Metro extension as the last piece of track was welded into place on Hagley Road.
The significant achievement, which signals the end of track laying on the project, means passenger services to a new terminus at 54 Hagley Road continues to be on track to commence later this year.
The team at Midland Metro Alliance, which is constructing the route on behalf of Transport for West Midlands (TfWM), have been commended for continuing to make great strides on the scheme, even throughout the COVID-19 pandemic, in order to reach the final stages of construction.
Finally, and railway coaches will be among the items going under the hammer when the administrators of the Llangollen Railway PLC auction off the property it owned before getting into financial difficulties.
An article in the Shropshire Star says the operating arm of the heritage railway was forced to go into liquidation earlier this year after problems with engineering contracts and the lack of income because of the pandemic.
The article says Llangollen Railway Trust has stressed it is solvent and is actively looking at ways it can both bid for items in the auction and get the railway back up and running again once the coronavirus restrictions are sufficiently eased to allow visitors to visit the attraction.
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