New Stations Fund

The New Stations Fund is a programme by the United Kingdom Department for Transport to partially fund new railway stations in conjunction with local authorities or developers.

Pye Corner is one of the stations created by the New Stations Fund.

First round

The first round was launched in 2013[1] and funded £20m across five stations:[2]

Second round

The second round was launched in 2016 and funded £16m across five stations:[3]

Third round

The third round was launched in 2020 and was originally worth £20m but later increased to £32m.[4] Applications closed on 5 June 2020.[4][5] The winners were announced in November 2020.[6]

The third round was supplemented on 26 May 2021 when in a DfT news story "£401 million investment into upgrades to deliver brighter rail future" an additional £15 million was allocated to build new stations at Marsh Barton in Exeter, and White Rose and Thorpe Park in Leeds. The latter pair were among the four first mentioned in DfT's 29 November 2017 policy paper "Connecting people: A strategic vision for rail" (page 25, paragraph 2.43).

References

  1. "Government provides funding for new train stations". GOV.UK. Retrieved 20 January 2022.
  2. "New Stations Fund". Network Rail. Retrieved 20 January 2022.
  3. "Five new stations funded". Railway Gazette International. Retrieved 20 January 2022.
  4. "National Infrastructure Strategy" (PDF). p. 41.
  5. "Restoring Your Railway Fund". Department for Transport.
  6. "New Stations Fund" (PDF).
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.