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Tough times ahead for new rail projects – Transport Scotland

RAIL

Andrew Forster
25 November 2016
Rail projects will now have to compete with other priorities, making it harder to fund further projects such as the Borders re-opening
Rail projects will now have to compete with other priorities, making it harder to fund further projects such as the Borders re-opening

 

Funding for rail enhancements in Scotland will be much tougher to secure in future, Transport Scotland has warned in a consultation on Scotland’s rail infrastructure strategy. 

The financing of rail projects has become more difficult since Network Rail was reclassified as a central government body in 2014 – the organisation is now subject to borrowing limits set by the UK Government (there are separate limits for activities in Scotland and in England & Wales).

Says...

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