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

Valley Lines upgrade brings big TfW asset rise

Rhodri Clark
05 September 2025

 

The asset value of TfW’s rail infrastructure increased by 21% in 2024/25 as major elements of the Core Valley Lines (CVL) modernisation programme were brought into use.

TfW’s annual report shows that its “rail network and other rail infrastructure” was valued at £2.25bn at the end of the previous year and £2.72bn at the end of 2024/25. This reflected a £577m transfer out of “Assets Under Construction” (AUC), additions of £742,000 and...

+87% more

 

 
Search
 
 
 

TransportXtra is part of Landor LINKS

© 2025 TransportXtra | Landor LINKS Ltd | All Rights Reserved

Subscriptions, Magazines & Online Access Enquires
[Frequently Asked Questions]
Email: subs.ltt@landor.co.uk | Tel: +44 (0) 20 7091 7959

Shop & Accounts Enquires
Email: accounts@landor.co.uk | Tel: +44 (0) 20 7091 7855

Advertising Sales & Recruitment Enquires
Email: daniel@landor.co.uk | Tel: +44 (0) 20 7091 7861

Events & Conference Enquires
Email: conferences@landor.co.uk | Tel: +44 (0) 20 7091 7865

Press Releases & Editorial Enquires
Email: info@transportxtra.com | Tel: +44 (0) 20 7091 7875

Privacy Policy | Terms and Conditions | Advertise

Web design london by Brainiac Media 2020