Network Rail: Finance

(asked on 8th December 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, with reference to the recent £1 billion reduction in Network Rail railway enhancement budget for Control Period 6, what the (a) regions and (b) locations are of the specific planned schemes affected by that matter.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 14th December 2020

We continue to deliver ambitious improvements, investing in key priorities including the Transpennine Route Upgrade, restoring lines and stations closed during the Beeching cuts and in HS2, with an unrelenting focus on levelling up our country and ensuring all communities have the connections they need to support growth and prosperity.

In terms of impacts on individual schemes, it remains the case that no schemes have been cancelled nor formal investment decisions taken as a result of the Spending Review. We are currently working with Network Rail to agree a new baseline for the portfolio that fits with the new funding envelope.

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