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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