“Brighter future” for UK railways with £401m government investment

The government has today announced new multi-million pound investment for the UK’s railway network.

The Department for Transport has unveiled new funding for a range of rail upgrade projects across the country.

Investment of £317m into the set-piece Transpennine route upgrade will aim to boost rail travel between York, Leeds and Manchester.

In addition, £69m of improvements will be made in a bid to increase freight capacity between the Port of Southampton and the Midlands.

Finally, £15m from the New stations fund will also build new stations at Marsh Barton in Exeter, and White Rose and Thorpe Park in Leeds.

Transport Secretary Grant Shapps commented: “Modernising and upgrading our vital transport links is critical to levelling up every part of this country, unleashing our economy and spreading opportunity as we build back better.

“Following closely after our reforms to deliver a modern, green and innovative railway that meets the needs of the nation, this package of £401m investment will help deliver reliable, punctual services that passengers across the UK can count on.”

Rail Minister Chris Heaton-Harris added: “The scale of today’s investment demonstrates our commitment to delivering more punctual, greener and comfortable services right across the country.

“From the vital Transpennine and Midland Main Line upgrades, new stations giving communities in Yorkshire and the south-west rail connections for the first time, and a shot in the arm for freight operators, we’re building a brighter future for the railways.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.