Up to £48bn will be spent on maintaining and operating Britain’s rail network over five years from 2019, the government announced today.
The transport secretary, Chris Grayling, announced a new funding process for major upgrades and enhancements. The minister emphasised that the investment will boost reliability and punctuality for millions of journeys, and deliver new, faster, more comfortable trains.
With almost 100,000 supporters having backed our call for better rail it’s clear rail passengers want to see improvements to their train services.
Our managing director of public markets, Alex Hayman, said:
‘Every day millions of people up and down the country have to endure unacceptable problems with delays and cancellations, so any investment must be truly targeted at addressing these chronic issues so that services deliver for passengers.
‘The rail sector must put its passengers first, and they must now be properly consulted to ensure that this money produces results that will deliver the improvements that people require.’