Railways: Finance

Department for Transport written question – answered on 30th March 2022.

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Photo of Andrew Bridgen Andrew Bridgen Conservative, North West Leicestershire

To ask the Secretary of State for Transport, what progress he has made on identifying projects suitable for the restoring your railways funding; and what his planned timetable is for providing an update on the submission made by the Campaign to reopen the Ivanhoe Line.

Photo of Wendy Morton Wendy Morton Minister of State (Department for Transport)

The £500m Restoring Your Railway Fund is supporting over 45 schemes at different stages of development with funding and advice. A Strategic Outline Business Case for the Ivanhoe Line bid was submitted to the Department in May 2021. The Secretary of State for Transport and I are considering next steps for projects, including the Ivanhoe Line, with a decision on the next tranche to progress anticipated later this year.

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