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28 March 2019, 18:57 | Updated: 28 March 2019, 19:06
Rail passengers in Herts, Beds, Bucks and Northants set to benefit from a five BILLION pound investment in local rail services - over just 5 years.
Network Rail's been awarded the cash by the Government to upgrade what's described as the railway "bankbone" of Britain; the West Coast mainline (London Euston to Carlisle route).
It's the busiest mixed-use (passenger and freight) railway in Europe and the economic spine connecting Britain's main cities: London, Birmingham, Manchester, Liverpool and Glasgow.
In its funding package for the five years to 2024, Government has given LNW £5.7bn for its vital operations, maintenance and renewals activities supporting the region's business vision of "one team delivering brilliant service for customers and taxpayers."
Martin Frobisher, managing director for LNW, said:
"Demand is growing faster on LNW than any Network Rail region. In the five years to 2024, passenger demand is forecast to rise by 12% (2% a year) with freight demand set to increase 18% (3% a year).
LNW is the Backbone of Britain. We connect workers with jobs, families with loved ones and goods with markets. Over the next five years our primary focus is delivering brilliant service for the growing numbers of customers who rely on us."
"Our £5.7bn funding for core activities is a huge vote of confidence in LNW. It is also a big responsibility. We start this five-year funding period with a better plan than ever before. Together as an industry, we will deliver for customers and taxpayers."
Significant activities in LNW's 2019-to-2024 plan include: