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
The UK’s Network Rail has unveiled plans to invest more than £42bn to upgrade trains, tracks and stations to boost reliability and improve rail performance.
The rail operator will work closely with train operating companies and make investment in all areas which matters most to passengers and freight users.
Network Rail said that the funding will be provided over five years. The control period 6 (CP6) will begin on 1 April and continue until 2024.
Of the total £42bn, nearly £38bn has been allocated for England and Wales, while £4bn has been assigned for Scotland and will focus on operations, maintenance and the renewal of rail assets.
“Our role is to deliver a railway that people can rely on, with trains that turn up and arrive at their destination on time.”
The latest investment is part of the total government funding of £53bn, including £48bn for England and Wales from the Department for Transport, and £5bn from Transport Scotland.
This article first appeared on www.railway-technology.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.