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| Share Price: 1,528.00 | Bid: 1,527.00 | Ask: 1,531.00 | Change: -30.00 (-1.93%) |  | ||||||
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Britain announces $14.6 bln railway investment package
Mon, 16th Jul 2012 10:27
LONDON, July 16 (Reuters) - Britain's government on Monday announced a 9.4 billion pound ($14.
The package covers the period between 2014 and 2019 and includes 4.2 billion of new projects, Britain's transport department said in a statement.
The new projects include a passenger and freight corridor linking the east and west midlands and Yorkshire with the south of England, electrification upgrades and improvements to Welsh train lines.
'Today's announcement represents another historic landmark in the regeneration and modernisation of Britain's railway,' Transport Secretary Justine Greening said in a statement.
(Reporting by Mohammed Abbas, editing by Matt Falloon) Keywords: BRITAIN RAILWAY/INVESTMENT
(mohammed.abbas@thomsonreuters.com; +44 (0) 207 542 7947;)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, July 16 (Reuters) - Britain's government on Monday announced a 9.4 billion pound ($14.
6 billion) railway infrastructure investment package.
The package covers the period between 2014 and 2019 and includes 4.2 billion of new projects, Britain's transport department said in a statement.
The new projects include a passenger and freight corridor linking the east and west midlands and Yorkshire with the south of England, electrification upgrades and improvements to Welsh train lines.
'Today's announcement represents another historic landmark in the regeneration and modernisation of Britain's railway,' Transport Secretary Justine Greening said in a statement.
(Reporting by Mohammed Abbas, editing by Matt Falloon) Keywords: BRITAIN RAILWAY/INVESTMENT
(mohammed.abbas@thomsonreuters.com; +44 (0) 207 542 7947;)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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Nov 30 (Reuters) - : * Stagecoach: Oriel Securities raises to buy from add * Go-Ahead: Oriel Securities raises to buy from hold[30 Nov '12]
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