The rail pressure group Railfuture is warning against cuts in rail investment. At its recent AGM, held on 8th of May, the meeting passed an emergency motion opposing future cuts in rail projects. Group chairman Mike Crowhurst said "We're concerned that schemes such as electrification and reopenings may be at risk. At this point in the economic cycle we think it's important that long term investment isn't sacrificed."
The full text of the motion reads: "Railfuture resolves to oppose future cuts in public investment in rail projects especially on which significant sums have already been spent in planning or early implementation. We refer particularly to projects such as East West Rail (Oxford to Cambridge), part of which has already progressed into the GRIP 4 Network Rail planning stage and has a high benefit-cost ratio."
(Source: Transport Weekly)