Reeves scraps impractical RYR

Our railways can be restored, as part of sensible development

rail@bauermedia.co.uk @RAIL RESTORING Your Railway has been killed off in the first month of the new Labour government. But was it ever really alive? Chancellor Rachel Reeves’ House of Commons statement on July 29 that putting RYR out of its misery would save £76 million confirmed to us how insignificant and grossly underfunded it was in the first place. Including road projects, Reeves claims that £1 billion of transport works that were initiated by the Conservatives are unfunded. She said that making false promises has to stop. What is much more worrying is the clear message that railways are once again an easy target for political panic. Regional and county planners who were whipped up into a frenzy four years ago to make their bids for RYR’s mythical £500m money…

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RAIL (Digital) - 1 Issue, Issue 1015

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