The report showed that costs will increase as they are repairing old infrastructure rather than replacing it
A leaked internal Network Rail presentation has revealed train delays will worsen over the next five years due to rising costs and funding, which the Shadow Transport Secretary called a “dismal Conservative failure”.
They will reportedly have to cut their £3 billion “risk fund” which is designed to help in emergencies like severe weather and may have to prioritise fixing the rail services that make the most money. There was also a 5.9% increase in rail fares last month with the presentation highlighting fears that cost could continue rise.Labour’s Shadow Transport Secretary Louise Haigh said “short-sighted decisions don’t lower costs – they harm our public finances in the long run, leaving taxpayers to foot the bill”.
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