Latest Rail News

30.10.18

Budget update: £291m for London’s DLR and boost for Transforming Cities Fund

The chancellor Phillip Hammond yesterday announced a boost in funding for London’s Docklands Light Railway and the Transforming Cities Fund.

The DLR will receive £291m from the Housing Infrastructure Fund for support of essential investment, which is aimed at unlocking 18,000 homes in East London.

Hammond also announced that the Transforming Cities Fund will be extended to £2.4bn, to support local and sustainable modes of transport, from rail and trams to busses and cycling.

Greater Manchester will receive £69.5m and the West Midlands will get £71.5m from the pot, with an additional £90m to be spent on creating ‘Future Mobility Zones’ to trial new modes of travel and ticketing.

Also shortlisted for funding from the Fund are the North East Combined Authority, Sheffield City Region, West Yorkshire Combined Authority, Stoke-on-Trent, Derby & Nottingham, Leicester, Norwich, Portsmouth, Southampton and Plymouth.

Top image: John Stillwell via PA Wire/PA Images

 

Enjoying RTM? Subscribe here to receive our weekly news updates or click here to receive a copy of the magazine!

Comments

There are no comments. Why not be the first?

Add your comment

 

related

Rail industry Focus

View all News

Comment

The challenge of completing Crossrail

05/07/2019The challenge of completing Crossrail

With a new plan now in place to deliver Crossrail, Hedley Ayres, National Audit Office manager, major projects and programmes, takes a look at ho... more >
Preparing the industry to deliver trains for the future

04/07/2019Preparing the industry to deliver trains for the future

The move to decarbonise the rail network involves shifting to cleaner modes of traction by 2050. David Clarke, technical director at the Railway ... more >

'the sleepers' blog

Maximising efficiency requires investment in data, but it’s rewards for rail could be extensive

14/11/2019Maximising efficiency requires investment in data, but it’s rewards for rail could be extensive

Rail Technology Magazine’s Matt Roberts explains the significant role data can play within the future development of the rail industry. Standing as a cornerstone of the UK transport network, the rail industry is forever striving to in... more >
read more blog posts from 'the sleeper' >

Interviews

Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

24/06/2019Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

Andrew Haines, the Chief Executive of Network Rail, has told the Today programme on Radio 4's BBC’s flagship news programme that he would not rule out his organisation issuing future r... more >
Advancing the rail industry with management degree apprenticeships

08/05/2019Advancing the rail industry with management degree apprenticeships

In answering the pressing questions of how current and future generations of managers can provide solutions to high-profile infrastructure projects across the UK, Pearson Business School, part of... more >