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Funding for East-West Rail through Aylesbury to be unveiled

The chancellor will outline how the route between Risborough and Bedford will be financed in his budget

Published by the Mix96 News Team at 6:14am 22nd November 2017. 4-minute read.

Funding for East-West Rail through Aylesbury to be unveiled

Rail bosses in charge of the proposed new route between Aylesbury and Bedford will be keeping an eye on today's budget (22/11).

The chancellor's set to announce how the second phase of East-West Rail will be financed.

That's the stretch that takes in Risborough, Aylesbury and Winslow, across to Bedford to the East and Bicester in the West.

It's part of a bigger project linking Oxford to Cambridge;

East West Rail diagramatic map


Last week a report by the National Infrastructure Commission said the arc covering Oxford to Cambridge - including the north of Aylesbury Vale - contribute £90 billion to the UKs economy each year.

The same report said that number could go up to £250 billion if money's spent to improve transport networks in the region.

Councillor Mark Shaw, chairman of the East West Rail Consortium's Joint Delivery Board for the Western Section, said:

"We are delighted that the National Infrastructure Commission has reinforced the importance of East West Rail to enabling the England's Economic Heartland region to realise its economic potential. Re-establishing these lines simply makes sound economic sense - and has done so ever since Ipswich Borough Council founded the Consortium in 1995."

"East West Rail will unlock significant economic growth by radically improving east-west and north-south connectivity in a region which the National Infrastructure Commission believes could become the UK's answer to Silicon Valley. It will also provide the infrastructure our residents demand goes alongside the unprecedented levels of housing growth in many parts of the region - which is one of the most significant challenges facing us today."

"We need to see the Commission's support turned into reality. Next week's budget provides the Chancellor with the opportunity to allocate the monies to deliver the Western Section. But that must be seen as just the start - for the full benefit of East West Rail to be realised, work on the 'missing link' between Bedford and Cambridge must continue at pace, and its delivery accelerated if at all possible. We therefore welcome the National Infrastructure Commission's recommendation on the Central Section."

"I am proud of the key role the Consortium has played in getting us to this announcement. We helped produced the business case and specification for the Western Section, and have committed significant amounts of money to the project, making us an important shareholder in the scheme. We will continue to work with the Department for Transport, the East West Rail Company and the East West Rail Alliance to ensure we see trains on tracks as soon as possible."

Andrew Smith, Chairman of Buckinghamshire Thames Valley Local Enterprsie Partnership says;

"Buckinghamshire Thames Valley Local Enterprsie Partnership welcomes the publication of the National Infrastructure Commission report - especially in the context of the forthcoming publication of the Industrial Strategy white paper. We are delighted that the significant economic potential of the area has been recognised at a national level and that many of the infrastructure requirements needed to unlock this potential are included within the initial recommendations, in particular the advance delivery of East West Rail, the Oxford to Cambridge Expressway and improving rail links to London."

"The Bucks Growth Strategy, produced by BTVLEP, was shared with the National Infrastructure Commission and Government as part of the corridor consultation. It sets out the ambitions and opportunity for Buckinghamshire to be an integral part of economically led growth for the corridor."

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