Whitepaper writing services from Greenbang - click here to find out more.
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

£7.5 billion for UK railways ‘biggest investment for a generation’

Published Thursday, 12th February 2009

british-railBusy rail lines across the UK are being targeted for £7.5 billion in improvements — “the single biggest investment in Intercity trains for a generation” — under a programme announced today by Transport Secretary Geoff Hoon.

The preferred bidder for the contract is Agility Trains, a British-led consortium that includes John Laing, Hitachi and Barclays. As part of the programme, Agility will replace the 20- to 3o-year-old high-speed trains that run along the Great Western and East Coast main lines with a new fleet of Super Express trains.

Agility also expects to build a new train manufacturing plant and new depots in Bristol, Reading, Doncaster, Leeds and west London. It will also upgrade existing depots across the UK.

The projects are likely to create or safeguard about 12,500 manufacturing jobs, according to the Department for Transport.

“This announcement demonstrates that this Government is prepared to invest, even in difficult economic times, by improving our national infrastructure,” Hoon said. “It is good news for the British Economy that over 12,500 jobs will be created and safeguarded; good news for the regions that the Government is supporting significant inward investment; and good news for passengers that we are taking the steps necessary to improve their rail journeys.”

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Does oil-rich Middle East have a green destiny? thumbnail

Does oil-rich Middle East have a green destiny?

Think about Middle-Eastern OPEC countries like Saudi Arabia, Iran, Iraq and the United
Super-sized batteries sprout up around the world thumbnail

Super-sized batteries sprout up around the world

Smart meters, smart grids, electric cars, wind and solar power … there’s one
Newest electric cars make hybrids green with envy thumbnail

Newest electric cars make hybrids green with envy

It’s a good sign when cars once considered among the “greenest” around find

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info