More great news! The government has opened a brand new building and renovation fund for train station projects. A total of £20m has been set aside to pay for 75% of the cost needed to complete stations at a “well developed” stage of development.
Transport Secretary Patrick McLoughlin has said the fund bidders must have support from local authorities, train operating firms and Network Rail, as well as having already secured a portion of the funding. Ilkeston meets this criteria
Besides Ilkeston, stations such as Wantage Road, Oxon, which fell victim to the 1964 Beeching Axe, and Kenilworth, Warks, which was shut in 1965, are thought to be in the running.
The fund – which was actually announced in July last year – is administered by Network Rail. A cross-industry awards panel will meet to consider all applications received by the closing date, the 25th February.
Transport Secretary Patrick McLoughlin said the government was “determined” to improve the railways, and “building new stations will provide that boost”.
“We recognise that local communities are often best placed to deliver their own transport solutions and I would therefore encourage anyone with a credible and worthwhile business plan to apply for this vital extra funding,”
The Department for Transport panel will make their recommendation before the end of March.
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