£38bn rail revamp 'reset' over costs and delays
A £38 billion five-year government plan to overhaul Britain's railways is being "reset" because it is "costing more and taking longer", Transport Secretary Patrick McLoughlin has said.
Network Rail's biggest casualty will be 'passenger trust'
On today's disappointing statement on Network Rail, ITV News consumer editor Chris Choi said:
"Network Rail today refused my repeated interview requests. Its underestimate of costs and over-promise of modernisation has led today to its chairman stepping down.
"But the biggest casualty is likely to be passenger trust in railway promises - that seem as unreliable as too many of its services."
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