IlluMyFi

ORR hopes £5m cut in fees will attract new operators on line from St Pancras to the Channel Tunnel

The High Speed 1 line that carries Eurostar trains from London to the Channel tunnel has been forced by the regulator to cut the prices it charges rail companies in a push to open up the route to more operators.

The Office of Rail and Road (ORR) said it hoped the £5m annual reductions in what HS1 Ltd may charge those using its rails up to 2030 will support growth, “including the introduction of new operators”.

Sentiment

-0.6

Bearish/Bullish

08.01.25 12:01

by theguardian.com

Rolls-Royce to invest £300m in expansion of Goodwood factory

Luxury carmaker driven to meet demand for bespoke upgrades, after recording third-highest annual sales in 2024

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024.

The investment will extend the luxury carmaker’s manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world’s richest people.

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