Transport secretary Patrick McLoughlin addresses the House of Commons on Thursday approximately the spiralling cost of Network Rail's £38.5bn upgrade programme. McLoughlin tells MPs there is no excuse for the failure to deliver the planned projects, and announces the resignation of Richard Parry-Jones as chairman. A report final month from the rail regulator found that Network Rail had missed more than a third of its targets in the first year of its five-year upgrade plan Continue reading...
Source: theguardian.com