Funding to support progressing Crossrail 2 is being diverted towards delivering Crossrail for a period time. This is expected to delay the presentation of the Hybrid Bill for Crossrail 2
Continue readingTag: Funding
Crossrail opening date slips as new finance package agreed
The revised opening date of autumn 2019 for Crossrail appears to be no longer achievable following a review. The government has confirmed a £1.4bn package to cover the increase in
Continue readingWork progresses on Lincolnshire Wolds Railway extension
The extension of the Lincolnshire Wolds Railway towards Pear Tree Lane crossing is progressing quickly following the installation of trackbed drainage and the laying of ballast. The next stage of
Continue readingLeek extension to cost £810k
The extension of the Churnet Valley Railway is expected to cost over £800k with the CVR expected to source all of the funding. Click here for the article
Continue readingLeek extension work could start in next 12 months
The Churnet Valley Railway is hoping that work on the extension to Leek could start in the next 12 months following the formal opening of Leekbrook railway station. Funding applications
Continue readingWest Somerset Railway announces bid for Taunton service
The West Somerset Railway is set to submit a bid to the Great Western Railway Customer and Communities Fund to enable a trial service between Taunton and Bishops Lydeard to
Continue readingBudget announces £20m for East West Rail
In the 2018 budget, the government announced that £20m would be allocated towards East West Rail for the development of the plan for the central section. It was amongst a
Continue readingGovernment makes £350m available for Crossrail
The government has made a £350m short term loan facility available to Transport for London to support the Crossrail project in the immediate future. Further updates with regards to longer
Continue readingTrams could form part of Stoke-on-Trent network
Light Rail is one of the options under consideration for a public transport network in Stoke-on-Trent after it was announced that the city had been successfully qualified for funding from
Continue readingCrossrail 2 boss proposes tax rises to fund project
The Crossrail 2 managing director has suggested that tax rises are a possibility to fund the project. Funding of the project is a major issue that has impacted progress towards
Continue readingCouncil agrees to source funding for Rugby Parkway as soon as possible
At a meeting a Rugby Borough Council, Councillors agreed that the funding for Rugby Parkway railway station should be sourced as soon as possible. Click here for the article
Continue readingFrustration over Law development money
A councillor has claimed that an opportunity has been missed after a contribution from a planning development in the village of Law was not used to support the delivery of
Continue readingCouncil steps in to resolve Wixams funding gap
The funding gap for Wixams railway station could be closed by Bedford Borough Council if its budget proposals are approved next week. The council are planning to borrow money and
Continue readingLand purchase moves Darlaston plans forward
At an event today, the mayor of the West Midlands announced the completion of a land deal that is essential to deliver the railway station at Darlaston. Source: WMCA
Continue readingScottish Local Rail Development Fund awards grants
The Scottish Government has awarded ten communities a total of £681k to support the delivery of transport appraisal studies that could bring forward railway schemes. East Lothian Council – Haddington
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