Hitachi's UK plant looks to the world market
Sliding seats could enable passenger trains to carry goods
A1 No 60163 Tornado does 100mph
Rail Alliance drives Midlands Engine
GB Railfreight to implement Ideagen safety software
UAV survey company Bridgeway Aerial takes off
Fire at Euston Station causes nationwide rail disruption
DB Cargo UK confirms job cuts and reform
Subsea cable fault detection demonstrated to rail industry
HS2 rolling stock procurement moves forward
In his speech to the House of Commons, Chancellor Philip Hammond has confirmed that £37 million of development funding will be made available for Northern Powerhouse Rail.
Transport for the North is preparing an initial, high-level business case for Northern Powerhouse Rail, set to be submitted to government by the end of 2018. The confirmed funding allows this project’s momentum to continue and will support the next stage of planning and design to deliver a transformational investment in the North’s rail network.
Northern Powerhouse Rail is designed to deliver a step change in connectivity between the North’s major city regions by providing rapid and reliable rail travel. A mix of new and upgraded routes – as well as full integration with HS2 – would radically improve journey times and support economic growth.
Barry White, Chief Executive of Transport for the North, said: “This money covers what we had asked the government for to further develop Northern Powerhouse Rail during the next financial year as it moves closer to transforming lives in the North. This is the biggest and most important rail project in the North of England for generations. In December 2018 we will be submitting a Strategic Outline Business Case to government, which will outline the costs and shape of the network and how it will boost connectivity and the economy of the North.
“The funding will allow us to further refine and develop this flagship programme, ensuring it delivers the economic returns it needs to as we progress towards a Full Business Case and spades in the ground in the mid-2020s.”
Further announcements in the Budget include the rollout of a discount railcard for 26-30 year olds, reducing fares by a third, £420 million for pothole and road repairs, as well as £90 million for smart transport technologies.
This article first appeared on www.globalrailwayreview.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2019 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.