Fears Network Rail projects could be scrapped in cost cuts

摘要

Major projects in Network Rail's current £38bn five-year spending plan could be delayed or scrapped as part of a cost-cutting review ordered by the Department for Transport, industry figures fear. Last week, transport secretary Patrick McLoughlin ordered Network Rail to slash the cost of its Control Period 5 programme of works, which runs to 2019, after Network Rail admitted it is falling behind on projects. Projects already "paused" include the electrification of the Midland Main Line and Trans-Pennine routes, but industry figures told Building other major projects could well be delayed or scrapped.