Fares, rail policy and DfT news

06.12.16

Maynard outlines plans to move rail investment to Innovate UK

Investment in innovation across rail development could be transferred from the DfT to Innovate UK, the government’s innovation agency.

Speaking at the Future of Rail conference on Friday, rail minister Paul Maynard said he was looking into introducing the changes in April.

Meanwhile, the DfT will continue to invest £13.2m with the RSSB this financial year to boost rail innovation, followed by £5m of private sector funding in the next five years.

Maynard, who wrote about the need for rail innovation in the latest edition of RTM, said: “I want to see the rail sector raising its game, investing its own money and leveraging all the public support available, better to deliver for passengers.”

He argued that the changes were needed to connect rail innovation more closely with the opportunities offered by Innovate UK.

In the Autumn Statement, chancellor Philip Hammond promised a £23bn National Productivity Investment Fund, including £4.7bn of research and development funding which will be administered by Innovate UK.

Maynard warned that the investment was needed to fill “an increasing gap opening up between what passengers want and what train operators can provide”.

The rail minister argued passengers were suffering increasing delays and overcrowding, while rail operators were “conservative – with a small ‘c’” in finding R&D solutions. He flagged up increasing the availability of automatic compensation for delays and on-board wi-fi and offering real-time location information about trains as the next priorities.

Maynard added that “in coming days and weeks”, the DfT would look at guaranteeing that the industry is focused on ensuring it is acting in the best interests of passengers, reforming the ticketing system, and attracting increased and more diverse rail funding.

In his keynote speech at this year’s Infrarail, Sir Peter Hendy, the chair of Network Rail, called for private investment to fund the network improvements needed.

At the same conference, Martin Buck, transition and strategy director at Crossrail, said that short-term funding cycles and a lack of continuity were holding back rail innovation.

Have you got a story to tell? Would you like to become an RTM columnist? If so, click here.

Comments

There are no comments. Why not be the first?

Add your comment

 

rail technology magazine tv

more videos >

latest rail news

Firearms officers patrol trains for the first time

26/05/2017Firearms officers patrol trains for the first time

For the first time in rail history, specialist firearms officers will patrol trains across the UK network to ensure that the travelling public ar... more >
Carillion plans job losses as NR renewal cutbacks start to bite

26/05/2017Carillion plans job losses as NR renewal cutbacks start to bite

The RMT has this week vowed to fight “vigorously” against planned cuts to renewals work for Network Rail (NR) being carried out by co... more >
New Merseyrail fleet a platform for future innovations

26/05/2017New Merseyrail fleet a platform for future innovations

David Powell, programme director of rolling stock at Merseytravel, talks about the procurement of the new fleet of metro trains for the Merseyrai... more >

editor's comment

08/05/2017All set for Railtex

As the rail industry prepares for the biggest UK rail show of the year, Railtex 2017, we have produced a specially expanded edition of RTM for you.  Our exclusive show guide, which starts on page 67, provides you with everything you need to know about the things to see, hear and do at the three-day show. A look through our preview pages will give you a good idea of which stands to visit, as well as meetings to set up.  Th... read more >

last word

Collaborative working is the key to the future of rail infrastructure

Collaborative working is the key to the future of rail infrastructure

David Hawkins, operations director at the Institute for Collaborative Working (ICW), on why ISO 44001 is a new evolution in collaborative working. The launch of BS 11000 in 2010 heralded a s... more > more last word articles >

'the sleepers' daily blog

Opinion poll: HS3 must take priority over Crossrail 2

19/05/2017Opinion poll: HS3 must take priority over Crossrail 2

Fresh from their victories in the metro mayor elections earlier this month, new leaders of Greater Manchester and Liverpool City Region Andy Burnham and Steve Rotheram were quick to make transport a top priority for their cities last week. In a post on Twitter, both called on the government to prioritise plans for an HS3 link connecting t... more >
read more blog posts from 'the sleeper' >

comment

Upskilling our workforce: how we need to think

19/05/2017Upskilling our workforce: how we need to think

Simon Rennie (pictured centre), general manager of the National Training Academy for Rail, on the importance of upskilling the current workforce ... more >
Inclusive design of ticket sales counters

17/05/2017Inclusive design of ticket sales counters

Boaz Yariv, senior architect, and Dr Elizabeth de Mello, senior ergonomics specialist at Network Rail, present the main features of the new inclu... more >
Small stations: simple changes for quick wins

17/05/2017Small stations: simple changes for quick wins

Richard Freeston-Clough of London TravelWatch explains how investing in small stations in the capital can deliver many benefits and also have a p... more >
Why are S&C layouts failing?

17/05/2017Why are S&C layouts failing?

Dr Sin Sin Hsu, programme engineering manager IP Track Development at Network Rail, analyses why switch and crossing (S&C) layouts fail prema... more >

rail industry focus

View all News

interviews

Intertrain: ready for the future

23/02/2017Intertrain: ready for the future

RTM recently attended Intertrain’s ‘Driving for Success’ event in Doncaster, where leaders from major players such as Carillion... more >