Government delays Network Rail upgrade
Everyone complains about the state of the railways in Britain, so with that, the government are going to delay or cut back a number of modernisation projects planned for Network Rail, which is just wonderful, eh?
So why is this happening? Well, Transport Secretary Patrick McLoughlin says rising costs and missed targets have scuppered the £38.5bn plan, and he says that Network Rail are to blame as they should have predicted what needed to be improved, and sorted them out before they were left so late that they would take longer to fix and be more expensive to sort out.
McLoughlin said electrification work would be "paused" on the Midland mainline and on the Trans-Pennine route between Manchester and Leeds. He added that Network Rail's chairman, Richard Parry-Jones, would leave the group and none of the executive directors would get a bonus for the last year.
Replacing Parry-Jones will be Sir Peter Hendy, who is the current commissioner of Transport for London.
The chief executive of Network Rail, Mark Carne, told the BBC: "Over the last year, it has become obvious that the challenges of operating, maintaining and enhancing the railway are significant. I think it's time to level with the public and say that some of these extraordinary projects that we absolutely need are going to take longer and are going to cost more than we originally thought."
"We are going to take the summer to re-evaluate the extension of the programme - we need to do that properly with the Department for Transport and, of course, looking at the impact on trains as well."
Does anyone fancy introducing Mr Arse and Mr Elbow to each other?