The Government has pledged £20M in funding for new stations across England and Wales, a sum that will provide up to 75% of the cost of constructing the stations.
An initial funding round paid for stations at Newcourt in Devon, Pye Corner in Wales and Lea Bridge in London. Work is also underway on stations at Ilkeston near Derby and Kenilworth near Coventry.
Rail Minister Paul Maynard said ”The new stations fund is a great example of how our record investment in the railways and work with local authorities and industry is delivering better journeys for passengers.”
”Through this fund, passengers will benefit from new connections and faster journeys, making it easier to get to work and visit friends and family. It will also provide a major boost for local economies and support the delivery of local housing developments.”
Norrie Courts, director of stations at Network Rail said: ”The new station funding stream represents an important part of our railway upgrade plan to improve Britain’s railways, delivering real and visible improvements for passengers. The first round of the new stations fund helped deliver Pye Corner, Newcourt and Lea Bridge and is in the process of delivering Ilkeston and Kenilworth.”
”These are important stations for passengers who rely on the railway every day, and the announcement of additional investment to undertake a further round of new stations is welcomed.”
The deadline for second round bidders is 18 November 2016.