Network Rail has earmarked £1bn to develop schemes in the next five-year spending period to get them to a point where cost certainty can be reached and avoid the cost over-runs that have plagued the current funding round.
The funding pot was announced as Network Rail chief executive Mark Carne outlined…
Latest Rail News
Expanding Bank Tube station
Cramped sites and complex underground work characterise the project to expand Bank Tube station in the City of London.
In the centre of London’s fast-paced financial district, Bank Tube station often grinds to a halt. As the capital’s third busiest interchange station Bank serves around 100,000 passengers over a three hour…
Jacobs JV wins £12M Dublin metro design contract
A €14M (£12.4M) Dublin metro engineering design contract has been awarded to a consortium of consultancy Jacobs Engineering and Spanish firm Idom.
The Irish National Transport Authority (NTA) and Transport Infrastructure Ireland (TII) jointly awarded the contract for a team to develop the engineering design of the £2.1bn New Metro North…
£14.2bn Finland to Estonia undersea mega-tunnel plans
Initial technical details for the proposed €16bn (£14.2bn), 103km long rail tunnel connecting Finland to Estonia under the Gulf of Finland have been released, which includes two huge artificial islands and a tunnel 250m below the sea’s surface.
The mega-project will run between the capitals Tallinn and Helsinki at a maximum…
Rail minister reveals ‘ambitious’ plan to scrap diesel by 2040
Diesel-only trains will be taken off UK railways by 2040, the Department for Transport (DfT) is set to announce today.
Jo Johnson will use his first speech as rail minister to call on the industry to devise plans to phase out the use of diesel-only trains in the next 22 years.…
Tunnelling preferred option for Heathrow rail link
Heathrow Southern Railway executive director Graham Cross has said tunnelling is his preferred option for the new 13km long “missing link” railway line connecting Heathrow Airport to the local network in the South East.
Three routes between the airport and Chertsey are under consideration, with business cases for each being assessed.…
Feasibility study into Northern rail link launches
A northern rail link unused for more than 40 years could be reopened after the transport secretary launched a feasibility study on its economic benefits.
Transport secretary Chris Grayling announced the study into the reopening of the 12-mile line between Skipton in north Yorkshire and Colne in east Lancashire on Saturday.…
New East West corridor lobby group launched
Transport and housing bodies have joined forces to lobby government on the needs of the East West corridor from Oxford to Cambridge.
The new All Party Parliamentary Group (APPG) for the Oxford – Milton Keynes – Cambridge corridor has been launched to replace APPG East West Rail, shifting the focus onto…
Capita shares plunge 40% after profit warning
Shares in major government outsourcer Capita plunged 41% this morning following a profit warning two weeks after rival firm Carillion collapsed.
The company has suspended dividend payments and slashed its profit expectations for 2017/18 to between £270M and £300M, some way below previous analyst expectations of £400M. Chief executive Jonathan Lewis…
More collaboration for Midlands rail supply chain bodies
Two rail supply chain bodies have joined forces to strengthen their lobbying activity and offer members more technical, policy and export support.
The Railway Industry Association (RIA) and Rail Forum East Midlands (RFEM) signed a Memorandum of Understanding this month to increase collaboration and present a “stronger, co-ordinated and consistent” voice…