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Rail links
EARLIER this month, the UK and Welsh governments announced a new study to improve transport connectivity between southeast Wales and the west of England.
The study, which is backed by £2.7 million of UK government funding, will look at options for new railway stations and rail services on the South Wales Main Line.
This project will focus on relieving congestion on the M4, a vital connector between south Wales and the rest of the UK UK Transport Minister, Richard Holden, confirmed: “Delivering better transport links is a vital part of how we transform opportunities for people from across the United Kingdom.
“That’s why I am so delighted that, working with the Welsh government, we are getting the ball rolling on indepth work to boost connectivity and drive growth.”
The Secretary of State for Wales, David TC Davies, said: “Good transport connections between south Wales and western England are essential for the economy in Wales.”
According to a news source on Monday, February 6 the two companies are not bidding to reinstate the airline but to acquire their landing rights in the UK. In particular, the companies are said to be after Flybe’s landing slots at Heathrow airport.
Flybe also had landing slots at Schiphol in Amsterdam adding to the value of the defunct company and the interest of the two leading European airlines.
For both Lufthansa and Air France / KLM the landing slots are vital to their ability to grow their transit offering, as the Dutch government has restricted the number of flights that can operate from Schiphol.
1.5% to 3%
Report from French economist proposes a progressive rate for tax fortunes over $100 million.
