Responding to the publication of the High Level Output Specification for 2014-2019, Michael Roberts, Chief Executive of the Association of Train Operating Companies (ATOC) said:
“This announcement is good for the economy and the environment. It signals the coalition government’s ongoing commitment to rail and enables the industry to build on recent improvements to provide yet better services.
“Extending electrification, completing the Northern Hub and tackling overcrowding into London will help more people to get to work faster and more reliably, making our towns and cities more attractive to businesses and spreading the benefits of economic activity across the country.
“The planned investment will be paid for jointly by taxpayers and passengers. Train operators and Network Rail are committed to work with government to improve the efficiency of our industry, making every pound of investment go further and reducing the pressure on future fares levels.”
ENDS
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