£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.
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 has admitted some railway improvement projects, which are part of a £38bn five-year plan, are at risk of being delayed due to "stretching targets".
According to the Transport Secretary Patrick McLoughlin, projects that are being "paused" include:
Mark Carne, chief executive of Network Rail, said "I recognise that these delays will cause disappointment for some passengers for which I can only apologise."
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