Rail funding
-
Rail leaders call for end to “boom and bust” spending ahead of autumn budget
The Railway Industry Association has submitted a four-fold list of requests to the chancellor ahead of the autumn budget. -
Rail leaders call for end to “boom and bust” spending after committee grills minister
The Railway Industry Association has called for changes to the rail funding system following transport minister Jo Johnson's evidence session in parliament. -
Rail electrification schemes scrapped due to cost according to NAO report
A National Audit Office investigation has concluded that cost was the main reason behind three rail electrification schemes being pulled. -
Government launches bidding for West Coast franchise and first HS2 services
The transport secretary has revealed that the government has started the competition for the next West Coast rail franchise. -
Scotland outlines vision for next ten years of rail investment
Transport Scotland has published its strategy to identify how funding will cover investments and improvements across the rail network. -
Government urges private investors to come forward for new Heathrow rail line
The government is seeking private investors for a new southern rail link to Heathrow, in a big change in how rail projects are funded. -
Chris Grayling defends decision to cancel rail electrification schemes
The transport secretary appeared before MPs so they could “better understand” his position and decision making. -
Richard Branson hits back at critics after early termination of East Coast rail contract
The Virgin founder has hit back at critics of the East Coast rail franchise "bailout", insisting promises on new track upgrades and trains were not fulfilled. -
Balfour Beatty sets out strategy to ensure UK economy continues to grow
The Digital Railway highlights three key areas which the rail industry needs to ensure are promoted. -
Rail network in England and Wales to get £48bn of funding
Control period 6 will see £48bn spent on the rail network over five years.