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UK govt announces £2bn funding to upgrade rail network in Wales and Borders

Nov 19, 2018 - Marketline Newswire

The UK government has announced a £2bn funding for Network Rail in Wales and Borders to upgrade the network to improve safety of passengers and ensure reliable transportation for passengers and freight customers.

The plan, developed by and for Network Rail Wales and Borders for the first time, represents a 28% increase when compared with the figure for the last five-year funding period (2014-2019).The funding will be spent between 2019 and 2024 to maintain and renew the existing infrast...