The government has announced 'pauses' to two major rail electrification projects, citing cost and time overruns on other Network Rail projects.
But are the overruns the reason for the cuts or a convenient excuse for making them? Other bodies receiving government money for infrastructure projects will no doubt be nervously awaiting further announcements.
The government says it will delay or cut back a number of modernisation projects planned for Network Rail.Transport Secretary Patrick McLoughlin says rising costs and missed targets make the £38.5bn plan untenable.He blamed Network Rail, saying it should have foreseen the improvements would cost more and take longer.Labour said it had warned the government needed to change how the railways were run but had "dithered" over taking action. Network Rail said the plan, which was launched last year as the "largest modernisation of the railways since Victorian times", was too ambitious.