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Passengers continue to pay a greater share

Passengers are continuing to pay a greater share of railway costs, according to figures for the past financial year just released by the Office of Rail Regulation. Expenditure was consistent with recent years at £12.3 billion, of which the Government contributed £4 billion. This proportion of public support is the lowest in recent years, amounting to 30.9 per cent of industry income. The figure is 9.1 per cent lower than it was in 2010-11. The number of passenger journeys has increased by 10.4 per cent over the past three years, and freight is also up.

DfT and Hitachi confirm IEP deal

The DfT and a consortium led by Hitachi have confirmed the financial close for the new East Coast Main Line fleet.

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FEATURE

The Whitacre Link: Improving central England's connectivity

A plan to give millions of people in central England direct access to HS2 and Birmingham Airport by reconstructing a railway that last carried passengers 97 years ago has been unveiled. The proposal is being made by Railnews editorial director Alan Marshall and specialist quantity surveyor Michael Byng, who both live in Warwickshire near the route of the former 11.7km Stonebridge Railway, which used to run from a junction near the present-day Coleshill Parkway station roughly south to another junction between Birmingham International and Hampton-in-Arden.

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Paignton - The Haldon Guest House

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