Home | LATEST NEWS | £20 billion to be invested in running the railway next year
£20 billion to be invested in running the railway next year
£20 billion to be invested in running the railway next year

£20 billion to be invested in running the railway next year

An estimated £20 billion will be pumped into the railway in 2020, the Rail Delivery Group (RDG) has confirmed.

In a joint investment report for next year, Britain’s rail companies have confirmed the industry is committed to spending billions of pounds to deliver more than 1,000 extra services per week and approximately 1,000 new carriages over the next year.

All areas will benefit, with railway improvements promised in all corners of Great Britain. Paul Plummer, the Chief Executive of RDG, said the improvement of railway connections is “vital.”

He explained: “People want a better railway and we are investing in a long-term plan to make that happen.

“Next year, our passengers and the communities that rely on rail can expect more trains to more places and new carriages with more seats and better Wi-Fi.

“Those improvements will drive economic growth, increase productivity and help set Britain up for success in the long term.

“The railway is vital to Britain’s economic success, with 1.4 million people taking trains into cities every weekday and rail freight delivering £30 billion worth of goods to consumers across the country every year.

“As Britain leaves the European Union, improving rail connections will be vital to ensure that our economy thrives in the decades ahead.”

Improvements that are expected next year include a £120 million development of Glasgow Queen Street, and the start of Aberdeen Station redevelopment.

Elsewhere, new and upgraded trains will be delivered in the North of England on TransPennine, Merseyrail, LNER, Northern, Hull Trains and Grand Central services; Wales will benefit from a £40 million refurbishment programme while in East Anglia, there will be a £1.4 billion investment on Greater Anglia trains and a £27 million route upgrade.

Construction will begin on the £150 million upgrade of Gatwick Airport station, and the investment will also see notable improvements in the South West as well as the Midlands.

Check Also

Smartcard improvement programme completed in Scotland

Smartcard improvement programme completed in Scotland

An improvement programme undertaken in Scotland now means that one smartcard will work across multiple …