Bid to restore full services from Nottingham station thwarted by incident. Also today: time is running out to enter NCE’s Graduate Awards.
4pm: Contracting boss Ray O’Rourke has joined Lord Deighton’s High Speed 2 Growth Taskforce.
The Laing O’Rourke chairman will join a panel of senior figures including commercial secretary to the Treasury Lord Deighton on the taskforce.
The body aims to ensure the economic benefits of the proposed railway line from London to the north are maximised.
“Transformation is never cheap, but the more money we can send straight back into the British economy, the better,” said O’Rourke.
“For its part, the taskforce will be doing all it can to help British businesses, including smaller firms, get a slice of the action.
12.30pm: Chancellor George Osborne has reaffirmed the government’s commitment to the High Speed 2 rail project.
Osborne told BBC’s Andrew Marr Show the government had set a “good” budget for the mega scheme to link London and the north.
Transport secretary Patrick McLoughlin told MPs in June that the budget for HS2 had risen to £50bn including rolling stock.
But Richard Wellings, deputy director at the Institute of Economic Affairs think tank, last month warned further design changes and subsidised regeneration schemes could take the overall budget to £80bn.
Osborne said this weekend that the government had set aside £42bn to build the project, including £14bn contingency.
“I think we have got a good budget, which has got a very big contingency in it,” he said.
“High Speed 2 is about changing the economic geography of this country, making sure the North and the Midlands benefit from the recovery as well.”
11.30am: Graduates who are proud to be civil engineers, and want to prove it, have only a week left to enter NCE’s Graduate Awards.
The competition rewards civil engineering’s brightest graduates with a £4,000 prize pot and lots of CV-boosting opportunities.
Visit www.nce.co.uk/graduateawards for details and online entry.
11am: Train services between Nottingham and Newark are likely to be suspended all this week while damage caused by a derailment is repaired.
A freight train carrying diesel damaged 1km of track and a level crossing at Stoke Lane in the early hours of Tuesday 27 August.
The suspension of services came within hours of Network Rail resuming full services from Nottingham station after a mammoth five-week project to improve track and signalling.
The rail operator spent £100M replacing 1960’s infrastructure “to improve the reliability of the train service in the East Midlands”.
A spokesman said the derailment was not related to signaling works and did not happen on new track.