The UK Government’s sale of its 40% share in Eurostar raises £585m for the Exchequer – with a further £172m coming from the sale of its preference share, making a total of roundly £0.75bn. This exceeds handsomely the value expected: … Read more › “Eurostar sale proves the commercial value of British high-speed rail”
There is widespread agreement that rail needs to improve to help bridge the north south divide. The refranchising of Northern Rail and TransPennine Express is key in this. An important stage has now been reached with the Department for Transport … Read more › “Stepping Stones to a re-balanced Britain”
The Public accounts Committee calls for a 30-year strategic plan in its critique of HS2, and we agree with them, but suspect that in 30 years’ time, we’ll still all be waiting. DfT has done well to get rail… Read more › “The PAC tells us only part of the story”
Greengauge 21 has published a report: Economic Growth and Social Benefit potential from Modernisation of rail services in North Wales. The report was commissioned by Denbighshire County Council on behalf of the North Wales Economic Ambition Board, Mersey Dee … Read more › “Economic and Social Benefits of Rail Investment for North Wales”
