Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Rail network to get £48bn, says Grayling

SPENDING

13 October 2017
 

Transport secretary Chris Grayling has announced that approximately £48bn is to be spent on rail network infrastructure in England and Wales across control period six, which will run between 1 April 2019 and 31 March 2024. The DfT’s final Statement of Funds Available (SoFA), published on 12 October, says that the Government expects that up to £34.7bn will be provided directly via government grant, with the remainder coming from a combination of track access charges and income...

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