UK’s Northern Hub receives government funding

UK: More than £9 billion of growth-boosting railway upgrades across England and Wales have been announced by Transport Secretary Justine Greening.
According to the Government, the full £9.4bn programme of improvements to the rail network published today will meet the needs of intercity passengers, commuters and freight up to the end of this decade while the Government continues to work on High Speed 2 to deliver rail capacity for the British economy in the decades to come.
Crossrail, Thameslink, and electrification between London and Cardiff, Manchester to Liverpool and Preston, and across the Pennines, are among £5.2bn of projects already committed to during 2014-2019. New schemes totalling £4.2bn unveiled today include:
“Upgrades to stations and tracks creating enough capacity around cities for an additional 140,000 daily rail commutes at peak times. In addition to Crossrail and Thameslink, announced previously, today’s enhancements – such as the £350m lengthening of platforms at London Waterloo station – will provide capacity for 120,000 more daily commutes in and out of London and 20,100 extra daily commutes across Birmingham, Leeds, Manchester and other cities.”
“Completion in full of the “Northern Hub” cluster of rail enhancements with the approval of £322m of outstanding track and capacity upgrades across Manchester city centre, Manchester Airport and across to Liverpool. These are in addition to £477m of Northern Hub schemes already approved across the North of England such as electrification of the North Trans Pennine route between York and Manchester.”
“A new £500m rail link between the Great Western Main Line and Heathrow allowing direct services to the airport for passengers from the West Country, the Thames Valley and Wales.”
The HLOS package will be funded in part from fare rises already announced in 2010 and also from the substantial efficiency savings which projects like electrification will have on the long term operating costs of the railways.
Transport Secretary Justine Greening said: “Investment on this scale, in every region of the country, shows how this coalition government is focused on delivering an affordable, reliable and faster railway network that drives jobs and growth.”
“These plans to increase capacity and shorten journey times on intercity, commuter and freight services are, alongside our plans for high speed rail, absolutely key to securing our country’s prosperity in the decades ahead.”
Chancellor of the Exchequer George Osborne said:
“I am pleased that the Northern Hub will be funded in full as part of the Government’s plans, which is a significant boost for the major towns and cities of the North, helping to rebalance the UK economy and enabling growth and regeneration throughout the regions.”
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