Record investment in the railway serving Yorkshire, North East and East Midlands as Network Rail publishes its half-year results

Published on : Friday, November 22, 2013

The new Hitchin flyover - panorama view by Marcus DawsonStation improvements at Peterborough, Wakefield (both Westgate and Kirkgate), Nottingham and Newcastle; a new public square at King’s Cross; new footbridges and level crossing improvements including South Milford, Thorne South, Bayles & Wylies near Nottingham and Allen’s West; bridge improvements in Northamptonshire, Leicestershire, Selby, and Hull; not to mention new flyovers at Hitchin and North Doncaster are all part of record investment in the railway on the London North Eastern and East Midlands route.

Network Rail today published its half-year results (for the period 1 April to 31 October 2013) which revealed that £2.74bn was invested in improving and building a bigger, better railway – 33% up on the same period last year and 53% higher than just four years ago.

The London North East and East Midlands (LNE & EM) Route is a primary rail link between London, the East Midlands and the North East of England and Scotland. It also covers an extensive commuter network connecting cities across the North of England and also into London.

Phil Verster, Route Managing Director, said: “Passenger numbers and demand for freight continues to grow apace. Around 180 million passengers use our route each year and every day we run around 3,500 passenger trains. Demand for essential freight deliveries to power stations, industry and the airports are also on the increase. In the past six months we have invested around £586 million to help meet that demand.

“Investments such as the recent work at Nottingham are renewing old infrastructure with modern, more reliable systems. New sections of track at Hitchin and North Doncaster will help improve reliability; and significant changes at our stations are making them more accessible and providing better passenger information to give our towns and cities the gateways they deserve.

Over the past six months some significant investment milestones have been reached on the route, including:

As well as these major milestones hundreds of other projects have completed and many more will complete by the end of our current funding period which runs 1 April 2009 to 31 March 2014. Many of these have been less glamorous, but just as important projects aimed at making incremental improvements to the railway for the benefit of passengers. These projects include:

 

 

Nationally, over the six months to 31 October:

Mr Verster concluded: “We know the railway has a crucial role to play to support the economy. In our next funding period, starting in April, we plan to spend £2.3bn on renewing old assets and a further £2bn on enhancements that improve our network. We continue to invest wisely to drive down the cost of running the railway without compromising safety.

“Train performance, while by historical standards, is still at high levels, has fallen behind our targets and our challenge remains driving up performance on an ageing and overloaded network.”

Source:- Network Rail

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