£9.4bn cash boost for rail network

Grant Prior 12 years ago
Share

More than £9bn of railway upgrade work across England and Wales was confirmed by the Government this morning in a bid to get its economic growth plans back on track.

Transport Secretary Justine Greening unveiled the £9.4bn programme of improvements for 2014-2019.

New cash confirmed today totals £4.2bn on top of £5.2bn of investment previously announced.

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.

· Faster journeys and more train capacity from £240m of improvements along the East Coast Main Line from the North East down through Yorkshire, Lincolnshire and Cambridgeshire to London.

· The creation of a high-capacity “electric spine” running from Yorkshire and the West Midlands to South Coast ports allowing more reliable electric trains to cut journey times and boost capacity for passengers and freight. This comprises: an £800m electrification and upgrade from Sheffield – through Nottingham, Derby and Leicester – to Bedford, completing the full electrification of the Midland Main Line out of London St Pancras; and electrification of the lines from Nuneaton and Bedford to Oxford, Reading, Basingstoke and Southampton.

· The landmark decision to take electric rail beyond Cardiff to Swansea, completing the full electrification of the Great Western Main Line out of London Paddington at a total cost of more than £600m, and electrifying the Welsh Valley lines, including Ebbw Vale, Maesteg and the Vale of Glamorgan. These will give two-thirds of the Welsh population access to new fleets of electric trains helping to generate Welsh jobs and growth by slashing journey times and boosting passenger and freight capacity.

· 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.”

Prime Minister David Cameron said: “From Crossrail, high speed rail and now the billions of pounds of investment we are announcing today, this government is committed to taking the long term decisions to deliver growth and jobs.

“In what is the biggest modernisation of our railways since the Victorian era this investment will mean faster journeys, more seats, better access to stations, greater freight links and a truly world class rail network.”

Latest news

Subcontractors form alliance for major civils jobs

Trio of specialists join forces to collaborate and offer Tier 1 contractors a turnkey solution
2 hours ago

Fear of supply chain failures boosting collaboration

Procurement survey also reveals project bank account use is rising
1 hour ago

Wates sets up business to target 160,000 mouldy social homes

Healthy Homes service will be offered to social landlords across England
2 hours ago

Higgins wins £75m Peabody Passive House job

Latest phase of Deptford Landings to start construction
2 hours ago

Contractors and unions agree Sizewell C working deal

New deal offers improved sick pay and parental leave over Hinkley Point deal
13 hours ago

Competition chiefs win legal fight for more construction raids

High Court rules CMA officials can raid a domestic property as part of investigation
19 hours ago

More Osborne companies file administration notices

Three more divisions lodge notices with court
1 day ago

McLaren wins multi-storey urban logistics contract

South London win with British Land is pioneering urban logistics hub
1 day ago

Big social housing schemes at risk over funding uncertainty

Housing associations warn uncertainty over public funding beyond 2026 is curbing new schemes
1 day ago

Kier wins Worcestershire town centre renewal

Firm secures Bromsgrove commercial and cultural hub project
1 day ago

BAM signs Kent school contract at £42m

Sevenoaks school rebuild signed off at £8m more than first estimates
1 day ago

RG Group signs £121m Newcastle rental homes job

Developer Olympian Homes advances 519 flats plan at Pottery Lane site
4 days ago

Geoffrey Osborne files administration notice

Contractor in talks to save parts of the business
4 days ago

Winners named for £260m Manchester Uni framework

B&K, Henry Bros, Graham, Robertson and Vinci among new line-up
4 days ago

Shed specialist Benniman rides out market lull

Worcestershire warehouse builder says industrial and logistics work is picking up again
4 days ago

Another contractor cleared after high profile immigration raid

Adana Construction employees were working legally on site swooped on by Home Office
4 days ago

McAleer & Rushe wants to meet new London suppliers

Contractor holding Meet the Buyer event in London: Register now
4 days ago

McAlpine signs £500m Broadgate dual towers deal

Work to start on iconic 36-storey and 21-storey towers
5 days ago

Worker rescued from collapsed four metre deep trench

Fire crews take six hours to save trapped builder near Blackwall Tunnel
5 days ago

Gove puts another major building scheme on hold

Secretary of State starts another planning fight after M&S defeat
6 days ago

Greenwich University tenders £300m framework

Up to five firms will carry out upgrade and newbuild work at three campuses
5 days ago

Work starts on Manchester 26-storey Obsidian tower

Contractor Domis starts Salboy's 10th Manchester scheme in seven years
5 days ago

Race for £1.3bn West Midlands social homes framework

The Community Housing Group reboots tender race for new build housing
5 days ago

Delancey submits £400m King’s Cross lab plans

200,000 sq ft lab/office project will be built above railway and tube tunnels just 4.5m below
6 days ago

Winners revealed for £150m fire safety framework

New deal will help organisations comply with the Building Safety Act
5 days ago

Sellar plans £500m City tower next to Walkie-Talkie

Consultation starts on London 60 Gracechurch Street tower
6 days ago

Severfield ends year on high with record order book

Orders top £500m with strong future pipeline of opportunities ahead
6 days ago

Second senior director exits National Highways

Commercial director Malcolm Dare set to move on to new role
6 days ago

New scheme fuels London lab building boom

Plans in for 160,000 sq ft Whitechapel scheme near Royal London hospital
6 days ago

Contract race starts for next £155m section of A9 dualling

Prior Information Notice published for Tay Crossing to Ballinluig stretch
7 days ago

Contractor services