£9.4 Billion spent on Rail Infrastructure

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  1. Morgsie's Avatar
    • TSR Idol
    • Location: Stoke-On-Trent
    • Posts: 9,042
    £9.4 Billion spent on Rail Infrastructure
    Today the Coalition has announced £9.4 billion on rail infrastructure including upgrading lines and electrification including the Midland MainLine and extending the GWML Electrification to Swansea.

    http://www.bbc.co.uk/news/uk-18851907
    Last edited by Morgsie; 16-07-2012 at 19:25.
  2. blueray's Avatar
    • TSR Legend
    • Location: United States of Nippon
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by Morgsie)
    Today the Coalition has announced £.4 billion on rail infrastructure including upgrading lines and electrification including the Midland MainLine
    Just a ploy to cover up the upset between the tories and lib dems over the House Of Lords.
  3. Morgsie's Avatar
    • TSR Idol
    • Location: Stoke-On-Trent
    • Posts: 9,042
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by blueray)
    Just a ploy to cover up the upset between the tories and lib dems over the House Of Lords.
    There is that but that is another matter compared to today's announcement
  4. blueray's Avatar
    • TSR Legend
    • Location: United States of Nippon
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by Morgsie)
    There is that but that is another matter compared to today's announcement
    No it's very much linked in to this, as they want to stop concern's about the coalition split. That, and the fact that the Olympics is in 10 days time.
  5. gladders's Avatar
    • Overlord in Training
    • Location: London, UK
    • Posts: 3,306
    Re: £9.4 Billion spent on Rail Infrastructure
    They'll drum up £9.4bn just to cover up a spat over Lords reform? Really?
  6. A Mysterious Lord's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Location: Lancashire
    • Posts: 3,768
    Re: £9.4 Billion spent on Rail Infrastructure
    Brilliant, so aside from the 150 or so IEP's they're buying for the East Coast/Great Western Main Lines, they're going to need more electric trains to run on the Midland Main Line.

    We're going to end up with a surplus of 125mph diesel trains when what we need is more local stock because commuters around Manchester are still trundling around on 1980s converted buses.
  7. creak's Avatar
    • Peer Of The TSR Realm
    • Location: EU
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by Morgsie)
    Today the Coalition has announced £.4 billion on rail infrastructure including upgrading lines and electrification including the Midland MainLine
    Yeh, funded by increasing rail fares at an even faster rate. What is there to shout about exactly?
  8. Lord Jon's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Location: London
    • Posts: 4,227
    Re: £9.4 Billion spent on Rail Infrastructure
    Could have done with more info or a link or something OP................ :holmes:
  9. CandyFlipper's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Location: London
    Re: £9.4 Billion spent on Rail Infrastructure
    I was under the impression we were in the middle of a debt crisis. I guess I was wrong. :rolleyes:
  10. Lukfisto's Avatar
    • Respected Member
    • Posts: 161
    Re: £9.4 Billion spent on Rail Infrastructure
    Government finally understood that their plan isn't working. However, I think this is ''cutting too fast too far and spending too late too little'' thing.
  11. Will Lucky's Avatar
    • Peer Of The TSR Realm
    • Location: Manchester
    • Posts: 1,645
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by CandyFlipper)
    I was under the impression we were in the middle of a debt crisis. I guess I was wrong. :rolleyes:
    Its called implementing Plan B when the coalition is falling apart, no matter the cost to the economy apparently. This is fine governance right here, forget the deficit do anything to drag media attention away from Lords reform.
  12. Heeck's Avatar
    • Respected Member
    • Posts: 198
    Re: £9.4 Billion spent on Rail Infrastructure
    What an amazing approach to solving the UK's huge debt.
  13. Autolatry M's Avatar
    • New Member
    • Posts: 6
    The british people dont fight enough, they just have this keep calm and carry on mentality. Pfft the people of britain are blind and dumbed down. Cameron does not do things in the interest of the british people, only for the rich, I hate the british government and the royal family has looted its riches from other countries and taxed the poor people for generations. Wake up or carry on bieng told what to di by snobs and bankers whi run the country.
  14. biggie's Avatar
    • Respected Member
    • Posts: 154
    Re: £9.4 Billion spent on Rail Infrastructure
    If the rail network has truly been privatised, why are taxpayers, and not the private companies, paying for infrastructure?
  15. A Mysterious Lord's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Location: Lancashire
    • Posts: 3,768
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by biggie)
    If the rail network has truly been privatised, why are taxpayers, and not the private companies, paying for infrastructure?
    The infrastructure was privatised but nationalised again after Hatfield.
  16. Observatory's Avatar
    • Exalted and Worshipped Member
    • Posts: 1,048
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by creak)
    Yeh, funded by increasing rail fares at an even faster rate. What is there to shout about exactly?
    It'll pay for itself in the long run. Electrification isn't going to make the trains faster; the point is to stop paying for diesel and instead run more efficient electric motors off the national grid which is a cheaper source of energy. So this is really just a boring efficiency measure that passengers will hardly notice, but will eventually benefit them.
  17. Rakas21's Avatar
    • TSR Legend
    • Location: West Yorkshire
    • Posts: 11,823
    Re: £9.4 Billion spent on Rail Infrastructure
    (Original post by CandyFlipper)
    I was under the impression we were in the middle of a debt crisis. I guess I was wrong. :rolleyes:
    This project will be payed for via shafting passengers with increased ticket prices and then shafting your children via Network Rail borrowing (publicly owned).

    It is better in the long run but it is still bloody debt based economics.
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