Passenger trains to return to Cowley, says Chancellor
Chancellor Rachel Reeves has announced that the former Oxford-Princes Risborough passenger service is to be restored as far as Cowley, as part of wider funding to develop the Oxford-Cambridge corridor. The Ellison Institute of Technology has unveiled plans for a 10 billion pound expansion of its Oxford base over the next decade, creating 7,000 jobs, and the Treasury said this will put Oxford ‘at the forefront of global scientific research’.
Double decker trains are set to be running in London in six years from now. Eurostar has ordered 30 Alstom double deckers and has an option for 20 more.
A report from the Railway Industry Association published today is calling for a new model for investment in railway stations to boost transport, housing and growth. It identifies the 2,600 stations in Britain as an untapped resource which ‘could and should be harnessed’ for the regeneration of local communities as well as increasing the supply of housing.
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