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The Transpennine route upgrade will receive the bulk of the funds – £317m – to electrify the railway between Manchester, Leeds and the East Coast Main Line at Colton Junction, while £69m will be allocated to increase freight capacity between the port of Southampton and the Midlands.
An additional £15m from the government’s new stations fund will be used to build new stations at Marsh Barton in Exeter, and White Rose and Thorpe Park in Leeds.
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