UK rail projects dodge the axe in Autumn Statement
This month’s UK chancellor, Jeremy Hunt, delivered a long and detailed budget last week. Although dubbed an “Autumn Statement”, the epic two-hour delivery found no voice for the rail industry. That has been largely considered...Read more
UK mini budget on Friday or a fiscal non-event for rail freight sector
Rail freight has been feeling the pinch as much as any other sector in the UK economy. The direct costs of operations have been going down the fast line like an express train running late,...Read more
German budget for rail ‘not enough to absorb rising construction costs’
The German federal budget for railways that was approved by the Federal Cabinet on Friday is “not even enough to absorb the increases in construction costs for the rail infrastructure”, says the non-profit transport alliance...Read more
Rail industry unimpressed by UK Budget
A railway industry representative body has called the UK Autumn Budget and Spending Review a missed opportunity to unleash the potential of rail. Consequently, it sets back the case for increased rail freight and adversely...Read more
Nine UK freight electrification schemes now please
They may not have been satisfied by the UK budget yesterday. The pressure group Railfuture has released a list of priority schemes. The campaigners believe these are the most urgently needed interventions to release capacity...Read more