A committee of MPs has delivered a bleak assessment of Network Rail's management of major engineering work, and also called for more rail investment outside London. The House of Commons Transport Committee said it welcomed record investment committed to the ‘classic’ rail network but warns that Network Rail must also regain the confidence of passengers following recent disruption.
A new direction for the railway supply chain has been set by the unveiling of a ‘strategic vision’ for several thousand rail-related firms. The announcement was made jointly by business secretary Vince Cable and transport secretary Patrick McLoughlin. Looking ahead for the next decade, it is hoped that by 2025 the rail supply chain will have more than doubled its export volumes, attracted the best skills and talent and be a ‘global leader’ in High Speed rail.
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