Today (June 20, 2022), I am pleased to announce additional funding for the development of 9 railway projects under the Restoring Your Railway Fund. This brings the communities closer to the Yorkshire, the Staffordshire, the County of Durham and beyond their reconnection to the rail network, with the transformative levels of leveling for jobs, housing and education offered by public transport.
The Restoring Your Railway Fund makes substantial progress to restore the previously closed rail lines: the commitment of 500 million pounds Sterling supports the development or delivery of more than 45 projects across England and Wales, and we have already reintroduced services on the Dartmoor line between Okehampton and Exeter.
I am announcing additional funding today for the programs that have entered Restoring Your Railway as Ideas at an early stage, which have already been supported by the Fund to develop a strategic profitability analysis and which will now progress more . I am also announcing funding for proposals at later stages.
The 9 programs receiving additional funding with the potential to upgrade and reconnect communities are: the Barrow Hill line between Sheffield and Chesterfield; the Ivanhoe line between Leicester and Burton on Trent; new stations at Meir in Staffordshire, Haxby in Yorkshire, Devizes in Wiltshire, Ferryhill in County Durham; Improvements to station and Aldridge line at Walsall; restore the Fleetwood line; and the Mid Cornwall Metro scheme for services between Newquay and Falmouth.
More than 50 years after the railways have been radically reshaped during the infamous beeching cuts in the 1960s, when thousands of kilometers of lanes and stations have been closed, the catering fund of your railway is now concentrated on the development and delivery of program benefits within its portfolio. .
If delivered, these lines and stations will truly help level the country, revitalize shopping streets and breathe new life into hitherto isolated areas.
In addition to this announcement, we publish an update of the Restoring Your Railway fund, which presents the progress of all the programs that have received funding, and will be placed in the libraries of the two chambers, while being accessible to the public online via the GOV.UK website. .