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Topic: Network Rail Asks For Extra £7bn (Read 4591 times)
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Graham Ellis
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One of those articles quotes:
The Association of Train Operating Companies said it forecast that growth would be at least 28 per cent and possibly 40 per cent over the next decade. 'We need to start to make the planning decisions now if we're going to be able to cope,' said Edward Funnell, the association's communications director. '[Without more capacity] things are going to get very, very congested on more parts of the network ...'
And the other articles make it clear that most of the extra money is investments such as extending platforms and adding capacity.
Network rail don't need to add significant capacity to the infrastucture on Swindon - Southampton to see continued ANNUAL growth at the same figures that they're quoting for the next decade for the rest of the network. the operator just needs to provide a train - one train, one coach initially. Cost? Around 500,000 per annum. Income? Initially about the same as the cost (break even), but growing at 35% per annum compound - and that means it'll be bringing in 2 million after 5 years. By that time, yes, a second coach would be needed ...
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Lee
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Its £8bn now apparently (link below.) http://business.guardian.co.uk/story/0,,1811973,00.htmlIt wants the funding to "make essential improvements, particularly to overcrowded commuter routes in the south-east of England." and "Almost half of the extra £8bn will, if approved, be spent on the extension of the Thameslink commuter system." |
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