New Stations Fund

Last updated

Pye Corner is one of the stations created by the New Stations Fund. Pye Corner Station 1.JPG
Pye Corner is one of the stations created by the New Stations Fund.

The New Stations Fund was a programme by the United Kingdom Department for Transport to partially fund new railway stations in conjunction with local authorities or developers. [1] Initiated in 2013, it was incorporated into the Restoring Your Railway Fund when that was launched in 2020. [2] The Restoring Your Railway Fund ceased to accept new proposals from November 2021 [3] and was discontinued completely in 2024, [4] bringing the New Stations Fund to an end.

Contents

First round

The first round was launched in 2013 [5] and funded £20m across five stations: [6]

Second round

The second round was launched in 2016 and funded £16m across five stations: [7]

Third round

The third round was launched in 2020 and was originally worth £20m but later increased to £32m. [8] Applications closed on 5 June 2020. [8] [9] The winners were announced in November 2020. [10]

The third round was supplemented in May 2021 when an additional £15 million from the New stations Fund was allocated to build new stations at Marsh Barton in Exeter, and White Rose and Thorpe Park in Leeds. [11] The latter pair had been proposed in a 2017 policy paper published by the Department for Transport. [12] Marsh Barton station was opened on 4 July 2023. [13]

References

  1. ↑ "New Stations Fund". Network Rail. Retrieved 13 December 2024.
  2. ↑ "Restoring Your Railway Fund: Programme Update" (PDF). Department for Transport. June 2022.
  3. ↑ "Restoring Your Railway Fund". Department for Transport. 27 October 2021.
  4. ↑ Longhorn, Danny (29 July 2024). "Chancellor scraps the Restoring Your Railway fund". Rail Business Daily.
  5. ↑ "Government provides funding for new train stations". GOV.UK. Retrieved 20 January 2022.
  6. ↑ "New Stations Fund". Network Rail. Retrieved 20 January 2022.
  7. ↑ "Five new stations funded". Railway Gazette International. Retrieved 20 January 2022.
  8. 1 2 "National Infrastructure Strategy" (PDF). HM Treasury. November 2020. p. 41. ISBN   978-1-5286-2259-2.
  9. ↑ "Restoring Your Railway Fund". Department for Transport. 27 October 2021.
  10. ↑ "New Stations Fund 3 – Question and Answer" (PDF). Network Rail. February 2020. Archived from the original (PDF) on 3 July 2020.
  11. ↑ "£401 million investment into upgrades to deliver brighter rail future". GOV.UK. Department for Transport. 26 May 2021.
  12. ↑ "Connecting people: A strategic vision for rail" (PDF). GOV.UK. Department for Transport. November 2017. page 25, paragraph 2.43.
  13. ↑ "Marsh Barton station now open". Devon and Cornwall Rail Partnership. 4 July 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.