New Chancellor, new uncertainty for UK railways

Jeremy Hunt, chancellor of the exchequerTenger at Japanese Wikipedia

The railways of Great Britain face new uncertainty with the appointment of yet another Chancellor of the Exchequer. Jeremy Hunt, put into place only last week by Liz Truss, has nevertheless set about dismantling much of the new prime minister’s economic policy. He has already warned that difficult times are ahead and that almost certainly means a cutback in public spending. With no clear plan for investment in the railways, there are fears that major projects may be postponed or even cancelled.

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Author: Simon Walton

Simon Walton is RailFreight's UK correspondent.

1 comment op “New Chancellor, new uncertainty for UK railways”

bönström bönström|17.10.22|10:57

A simple, singular, goal of England/Scotland however, the now post Brexit urgently requested, should not cost much – and most surely, as any needed, sound and sustainable investment…, handsomely should pay!
(The obvious should never be disregarded:
“Island” benefits of nearness to ports, deep sea, etc.!)
Basics of all success stories, globally, has been benefitting of nearness to a port!
(Regardless of Brexit, Goal of EU shall remain!)

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