Rishi Sunak scraps high-speed rail plan

09 Oct 2023 CW Team

British Prime Minister Rishi Sunak announced that he was cancelling part of a high-speed rail project, bringing an end to weeks of uncertainty. His decision to reinvent his premiership as one characterised by tough decisions and action, however, stirred anger within his own Conservative Party. The move was seen as an attempt to revive his political standing, especially as the governing Conservatives were trailing behind the opposition Labour Party in polls, just ahead of an expected election next year.

In an effort to portray him as a leader willing to make long-term "tough decisions" for the betterment of the people, Sunak made a significant announcement during his closing speech at the party's annual conference in Manchester. He declared the halt of the HS2 high-speed rail project to Manchester, a decision that had been anticipated for days. Addressing the party conference, he stated, "I'm ending this long-running saga. I am cancelling the rest of the HS2 project. And in its place, we will reinvest every single penny - 36 billion pounds - in hundreds of new transport projects in the north and the midlands, across the country."

Sunak's move to cancel the project had been met with mixed reactions within his party, as some members expressed their discontent. Despite his intentions to demonstrate decisiveness and action, the decision raised concerns about the stability of the party. However, Sunak and his team remained resolute, aiming to reshape his premiership by taking bold steps for the benefit of the nation.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..