News: Network Rail plans £38bn investment in UK tracks and stations

Network Rail has announced a five-year plan to invest £38bn in rail infrastructure. It includes the construction of new tracks, the renovation of stations and the upgrade of existing lines.

In a statement accompanying Monday’s announcement about its investment plans Mark Carne, chief executive of Network Rail, said: “Passenger numbers in recent years have grown far beyond even our own industry’s predictions, so it’s vital that this investment over the next five years helps meet the continuing increase in demand for rail travel.

“Bigger, better stations, more tracks and longer platforms, electric-powered trains, reopened railway lines and fewer level crossings – all will help deliver more frequent, more comfortable, more reliable journeys and a safer, better-value railway for everyone,” he said.” BBC Read more here

See also BBC: ‘£2.2bn investment in East Anglia railways