The Budget’s pros and cons

Light rail boost, but light on detail and not great for freight

Dickon Ross, Editor

A manifesto is supposed to set out the policies for a party vying to form the next government. In government, it’s the first King’s or Queen’s Speech that then demonstrates the highest priorities for legislation. But seasoned political commentators say nothing usually reveals the true direction, flavour and fundamental forces driving a new government better than its first Budget. That’s when the realities of limited public money come up hard against its idealistic policy ambitions for the future. If that’s so, some have labelled this first Budget as disappointing for rail. The manifesto ambitions for rail were ambitious, with references to the Swiss integrated transport system and lofty ideals of using public transport to help drive economic growth. Rail also featured strongly in the King’s Speech, followed by several early…

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RAIL (Digital) - 1 Issue, Issue 1022

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