Budget 2012: Osborne answers call for rail investment

CHANCELLOR George Osborne today promised £130m to upgrade the Northern rail network to help kickstart the regional economy.

The money will support the Northern Hub project, Network Rail's plan to stimulate economic growth by upgrading the rail network of the north to relieve a bottleneck around Manchester to reduce train journey times from Liverpool through to Hull, Sheffield and Newcastle-upon-Tyne.

By making rail travel across the north faster and more frequent, the Northern Hub project is expected to boost the regio... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...