Great News! The Government has given the go-ahead (again) to electrify the Midland Mainline, starting after 2014 (general election is in 2015). The money isn’t coming from the Government but from significant increases in passenger fares. How generous of them.
We’ve asked for investment in infrastructure so as to boost the economy and they’ve turned round and agreed a scheme which will take at least 3 years to get fully off the ground and which we’re paying for. Forget the recession we’ll be in a depression by then. What beats me is all the money we’re pumping into the railways only for shareholders to get dividends at the public expense. We must be off our rockers – never mind off the rails.