The UK’s 2016 Budget presented by Chancellor George Osborne includes a total of £165 million (€210 million).
£80 million (€102 million) will be used to continue planning for Crossrail 2. The government will provide this sum which, together with a contribution from London, will allow Crossrail 2 to proceed to the next stage with the aim of depositing a Hybrid Bill within this Parliament.
£5 million (€63.7 million) will be provided by the government for the development of options for improving the resilience of the rail line between Exeter and Newton Abbot (via Dawlish), once the current study by Network Rail concludes.
For the Northern rail improvements, the UK government will take forward the recommendations from the National Infrastructure Commission and allocate £60 million (€76.5 million) to develop options for High Speed 3 between Leeds and Manchester, as well as options for improving other major city rail links.
To develop High Speed 2 Growth Strategies for Manchester Piccadilly, Manchester Airport and Leeds stations as part of an integrated long-term plan for High Speed 3, the government will allocate £4 million (€5 million).
£16 million (€20.4 million) will be allocated funding to improve rail station facilities at Market Harborough, St Albans, Redhill, Newbury, High Wycombe, Exeter St Davids, Weston-Super-Mare, and Cheltenham Spa.
Photo: Network Rail
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