
Trainline shares slump as worries about rival state-run ticketing app bite
Daily MailTrainline shares have plunged amidst continued investor unease about competition from a new state-backed ticketing platform. The Department of Transport announced plans in January to introduce a new online service that would combine different train operators' ticket websites and modernise the UK's complex railway ticketing system. While Trainline said the GBR ticketing app will 'likely take several years to crystallise,' investors are very concerned about its potential effect on the company's dominance of the UK domestic rail sector. Rival concerns: Trainline shares have plunged despite the group reporting record sales amid investor worries about competition from a new state-backed ticketing platform Its net ticket sales and turnover both increased by 12 per cent and constant currency rates to £5.9billion and £442milion, respectively, last year.
History of this topic

Split ticket savings: How exploiting Britain’s barmy train fares could cut the cost of your travel
The Independent
‘You won’t find cheaper tickets anywhere else’: Why Trainline’s promise doesn’t stack up
The Independent
Review into rail fare-dodging enforcement after ‘egregious’ prosecutions
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Trainline set to trim workforce to save costs
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Trainline lifts forecasts amid ‘strong’ ticket sales growth
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Sales accelerate for travel app Trainline as UK strike impact eases
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Why Labour’s plan to revive British Rail won’t bring down ticket prices
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Trainline ticket sales surge amid boost from fewer rail strikes
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Trainline shrugs off strike impact as ticket demand booms
The Independent
Trainline down: Train booking site not working amid strike chaos
The Independent
Trainline reveals rail strike sales hit of up to £6m a day
The Independent
Trainline rebounds to profit, but cautions over risk from lengthy rail strikes
The Independent
Five years on, rail passengers are still waiting for ticket improvements
The Independent
Ticket bookings recover to pre-pandemic levels, says Trainline
The Independent
UK train passengers could save millions using 'ticket split' app, claims French firm
The Independent
Millions of commuters will have to pay extra £100 a year
Daily Mail
Train fares: rail firms call for ‘root and branch’ reform
The Independent
Rail fares are on the rise again but passenger interests are left in siding
The Independent
Rail companies ‘plan to track your movements to make packed trains pricier’
The Independent
Steamed up over rising train fares? Don't be, because the networks need the money
The Independent
Rail investment worth £8bn is not enough, train companies warn
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