The first Labour Budget for 14 years produced very little in terms of rail references. Most of what was announced in parliament on Wednesday is already under way.
The Transpennine Route Upgrade is an ongoing project, as is East West Rail. The confirmation of taking HS2 to Euston was widely expected while increasing rail fares next March – detailed in the full document – was not mentioned by the Chancellor.
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Phil Haigh explains what was new in the Budget, what wasn't, and why there's not a huge amount for the rail industry to get excited about
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