Railways: Capital Investment

(asked on 8th April 2019) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government, further to the Written Answer by Baroness Sugg on 2 April (HL14685), of the £48 billion committed to investment in the rail network during Control Period 6, how much is for new (1) infrastructure, and (2) rolling stock; and what is the planned investment in HS2 and Northern Powerhouse Rail during the same period.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 24th April 2019

The £48bn Control Period 6 funding settlement for the railway that Government announced in 2017 makes provision for the operation, maintenance and renewal of rail infrastructure between 2019 and 2024. It includes a £10.4bn provision for infrastructure enhancement projects. This is on top of new rolling stock, which is procured via separate arrangements.

High Speed 2 (HS2) has a long-term funding envelope of £55.7bn (2015 prices). It is this government’s largest capital programme and the benefits are largely for the North.

The Government has committed £52m to continue to develop Northern Powerhouse Rail (NPR) this year. Decisions on future investment will be considered in the Spending Review. We are working with Transport for the North on their plans for NPR. The full benefits of NPR can only be achieved by integrating it with HS2 and given the status of the projects NPR needs HS2 to be built first.

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