Railway Stations: Finance

(asked on 28th March 2018) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what progress his Department has made on securing funding for a third New Stations Fund.


This question was answered on 17th April 2018

The first two rounds of the New Stations Fund have provided funding for 10 new stations. We continue to keep the case for a further round under review. Applications for any new funding would need a strong business case, support from the industry and must underwrite operational and maintenance costs for the first three years if these are not met by additional revenue.

We have also launched a call for promoters to put forward creative, commercial ideas to enhance the railway and published ‘Guidance for Market-led Proposals’ to provide clarity on the types of projects we are looking for. Further details are available at https://www.gov.uk/government/publications/rail-market-led-proposals

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