Van fire closes stretch of A30 in Cornwall
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Reuters
10 hours ago
- Reuters
Iveco says in advanced talks for deals on defence unit, rest of company
MILAN, July 29 (Reuters) - Italian truck maker Iveco ( opens new tab said on Tuesday it was in "ongoing, advanced" talks with different parties for two separate deals regarding its defence business and the rest of the company. "The board of directors of the company is in the process of carefully reviewing and evaluating all aspects of these potential transactions," the company said in a statement, without giving further details. Iveco added its board would keep the market updated in line with applicable laws. Shares in Iveco rose 6.6% by 1250 GMT. Two sources close to the matter told Reuters the deals could be announced as early as Wednesday, when Iveco is due to report first half results. Reuters first reported this month that Exor ( opens new tab, the Agnelli investment company which owns a controlling stake in Iveco, was in talks with Tata Motors( opens new tab for the sale of the company. Exor declined to comment. A third source separately said the possible deal with Tata was "complex" and required Iveco disposing of its defence business first because, as a supplier of the Italian army, the division had to remain in domestic hands. Iveco has been working to spin off its IDV defence business, while also exploring a possible sale given interest from potential suitors. It has received three offers for IDV: from Italian state-controlled defence group Leonardo ( opens new tab, which is partnering with Germany's Rheinmetall ( opens new tab. Another two, respectively, from Franco-German tank maker KNDS and Czech arms company Czechoslovak Group.
BBC News
12 hours ago
- BBC News
Coroner links blocked drains to fatal King Worthy crash
A motorist died after skidding on a flooded road that had blocked drains and a temporary flood warning sign that had been there for five years, a coroner has Scott, 25, from Kings Worthy, Hampshire, was pronounced dead at the scene of a two-vehicle collision on the A33 near Winchester in July a report sent to Hampshire County Council and National Highways, coroner Rosamund Rhodes-Kemp said more regular maintenance might have cleared the two authorities said they were considering their responses. Mr Scott was driving southbound at about 21:45 BST on 5 July when he hit standing water near the Cart and Horses Vauxhall Corsa crossed the central reservation and collided with an oncoming Ford Ranger truck, the coroner said. In a Prevention of Future Deaths Report, she said: "On examination it was observed that two of the drains to the nearside of the southbound lane were compacted with vegetation, resulting in little or no surface drainage."This is despite annual scheduled maintenance for year 2023/2024 taking place on 19th May 2023 and 15th November 2023."The forensic examiner concluded that the standing water was a contributory factor in the collision."Ms Rhodes-Kemp questioned why only a temporary sign was in place for so added: "Whilst the precise cause of the flooding is unknown, a more regular maintenance schedule may have prevented the build-up of vegetation within the gullies."Hampshire County Council and National Highways have until 18 September to respond to the a statement, the council said: "We are terribly saddened by this tragic incident and our thoughts remain with Mr Scott's loved ones at this extremely difficult time."We are considering our response to the coroner's report and are unable to comment any further while this process is ongoing."National Highways said: "Our thoughts are with the family and friends of James Scott following this tragic incident."We will review the coroner's report and respond within the deadline." You can follow BBC Hampshire & Isle of Wight on Facebook, X (Twitter), or Instagram.
BBC News
13 hours ago
- BBC News
A30 underpass in Cornwall to be filled in after bridge opened
An underpass on a new stretch of the A30 is being filled in five years after it was built because it has been "superseded" by a tunnel near the Chiverton junction is being closed because it is so near to a bridge with the same function, the Local Democracy Reporting Services (LDRS) Highways said the underpass had proved redundant and would be bricked underpass was built at the start of the A30 dualling project in 2021. The £2.68m bridge was built 450 metres away last year as part of the Saints Trails. 'Superseded' Andrew Clark, National Highways' senior project manager on the A30 Chiverton to Carland Cross scheme, said: "One of the key benefits of the A30 upgrade is to improve and increase connectivity for local communities living alongside the said Cornwall Council's bridge, which opened in April 2024 with National Highways funding, was "already offering excellent provision for cyclists, horse riders and other non-motorised users to cross the busy A30 route".Mr Clark added: "The Chiverton underpass has now been superseded by the construction of the Saints Trail bridge and, with the agreement of Cornwall Council, we have taken the decision to infill the underpass and point non-motorised users to the bridge, which is just 450 metres away."He said infilling the underpass would save maintenance costs and prevent anti-social behaviour.A National Highways spokesperson said the agency "always scrutinises costs on any project to ensure value for money for the taxpayer".
