'Multi-billion' rail cash investment to be announced
Published: 14th Jul 2012 15:24:23
The government is expected to announce a plan of rail investment costing billions of pounds on Monday.
The programme will amount to £10bn during 2014-2019, the Guardian reports.
It includes a £500m scheme to electrify the Midland Main Line route between St Pancras, the east Midlands and Sheffield.
BBC political correspondent Louise Stewart quoted a government source as calling the rail investment programme "the biggest since the Victorian era."
Our correspondent said ministers wanted to "create growth and cut carbon".
It has been a tough week for the Transport Secretary Justine Greening.
She was again forced to delay the publication of her long awaited aviation strategy due to Coalition tensions, particularly over the possibility of building a third runway at Heathrow.
She and the government are hoping for better headlines with the announcement of what is being billed as "the biggest investment in the railways since the Victorian era".
A source at the DfT said this major programme of investment in rail, estimated to be £10bn, will help by "creating growth and cutting carbon emissions".
But at a time of fiscal tightening it could be the fare payers who end up picking up the cost with inflation busting fare increases.
The Department for Transport (DfT) has refused officially to confirm the report in the Guardian, which says PM David Cameron and his deputy Nick Clegg will join forces to make an announcement.
The paper reports that further plans include electrification of the Great Western Line from London to Swansea via Cardiff; a "northern hub" of new projects around Manchester; and an upgrade of parts of the East Coast Main Line from London to the north of England.
BBC Radio Derby political reporter Chris Doidge, meanwhile, said the Varsity line linking Oxford and Cambridge could also be reopened; most of it was closed to passengers following the Beeching Report in the 1960s.
The expected announcement follows the news on Thursday that a new £500m rail link to Heathrow Airport - which will cut journeys by up to 30 minutes - had been given the go ahead.
A new stretch of track will be built from Slough to Heathrow which means that, from 2021, passengers travelling from south Wales, the west of England and the Thames Valley on the Great Western main line will no longer need to travel via London Paddington.
At 08:00:54 in EnglandAbout 400 jobs are to be created across Teesside and North Yorkshire thanks to £30m of investment from Quorn Foods.
At 07:59:42 in Northern IrelandAn independent ambulance service has said lives are at risk after £10,000 worth of equipment was stolen from one of its vehicles in Londonderry.
At 07:57:44 in WorldThe South Korean school devastated by the loss of many of its students in a ferry disaster last week has started to hold classes again.
At 07:51:52 in EnglandPart of the M42 in the West Midlands has been closed after a lorry overturned, spilling diesel on to the motorway.
At 07:46:39 in WalesThe One Show's Alex Jones, Olympic athlete Iwan Thomas and tenor and Radio Wales presenter Wynne Evans are among the baton bearers for the Wales leg of the of the Commonwealth Games build up.
At 07:44:08 in SportFootball Association of Wales chief executive Jonathan Ford hopes the Uefa Super Cup will act as a platform in Cardiff's bid to be one of the host cities for Euro 2020.
At 07:38:26 in WorldThree foreigners have been shot dead by a security guard at a hospital in the Afghan capital, Kabul, officials say.
At 07:33:32 in BusinessSouth Korea's economy grew more than forecast in the first quarter, helped by a jump in construction and exports.
At 07:33:28 in SportTrainer Gary Lockett says talks have begun about a rematch between Enzo Maccarinelli and WBA light-heavyweight champion Jurgen Braehmer.
At 07:29:11 in EnglandPolice are continuing to question a 42-year-old woman suspected of murdering three of her children in south-west London.
Harvard CitationBBC News, 2012. 'Multi-billion' rail cash investment to be announced [Online] (Updated 14th Jul 2012)
Available at: http://www.ukwirednews.com/news/1440551/Multi-billion-rail-cash-investment-to-be-announced [Accessed 24th Apr 2014]
News In Other Categories
The South Korean school devastated by the loss of many of its students in a ferry disaster last week has started to hold classes again.
South Korea's economy grew more than forecast in the first quarter, helped by a jump in construction and exports.
Football Association of Wales chief executive Jonathan Ford hopes the Uefa Super Cup will act as a platform in Cardiff's bid to be one of the host cities for Euro 2020.
With the doors to its brand new £1million training centre officially open, one of the UK's leading apprentice training providers, Bristol based S&B Automotive Academy, is showcasing its world-class facilities by launching a series of foreign student exchanges for the first time in its 41-year history. To get a flavour of what life is like as an apprentice in the UK, the Academy hosted 16 apprentice engineers and bus drivers from the G9 Automotive College in Hamburg, Germany, as part of a Europe-wide vocational training initiative called the ‘Leonardo Programme’ with support from the European Social Fund. In a reciprocal arrangement, S&B will be sending nine apprentices to Germany during February 2012 so that they can get an appreciation of life in the automotive industry on the Continent. A further three German exchange groups are being planned for next year. Designed to assist the development of vocational skills and training across Europe, including work placements for trainees, the Leonardo Programme has a budget of €1.75bn, which is helping to encourage UK organisations to work with their counterparts abroad. In what is expected to be another challenging year for employers in the UK automotive sector, S&B’s Chief Executive, Jon Winter, claims that the exchange initiative will bring many benefits to the Academy and its apprentices: “In a world of global automotive brands, it’s important for our learners to understand the international context of the industry they have chosen to make their career. This new exchange programme will enable apprentices and Academy staff alike to achieve a better understanding of the challenges and opportunities within the automotive arena in Europe. With the Academy’s influence also extending to the USA and Asia, there’s every possibility that this initiative could move further afield in the future.” Continued Winter: “The need for skilled technicians across the world is on the increase and we actively encourage our apprentices to look at broader horizons during their training. Many of them have already learned the phrase ‘Vorsprung durch Gelehrtheit’, quite simply, ‘Advancement through learning.” In the 2010/11 academic year, S&B doubled the number of successful Apprenticeships over the previous year with some 350 apprentices graduating from the Academy. At the same time, achievement levels reached an all-time high with an overall success rate of 85%. For those learners on the Advanced Apprenticeship three-year programme, success rates were even higher, at over 98%. PHOTO CAPTION: As part of their exchange visit, S&B Automotive Academy arranged for the German apprentices to visit Hampshire bus operator, Bluestar, at its Barton Park depot. The students are pictured with S&B’s Andy West (3rd right) and Steve Prewett, Bluestar’s Area Engineering Manager (2nd right). Ends http://www.sandbaa.com
The last avalanche forecast of the latest Sportscotland Avalanche Information Service (SAIS) season has been published.