Commenting on the Transpennine Route Upgrade (TRU) funding announcement, RIA Chief Executive Darren Caplan said: “Today’s restatement of previously announced funding for the Transpennine Route Upgrade is a welcome confirmation that the programme will continue to progress.

“However, as far as we understand this is not new money for rail and is not a new pipeline opportunity for rail suppliers. As the Government itself would say, TRU has been under development for more than a decade and is a key component of the 2021 Integrated Rail Plan for the North & Midlands and the Network North plan announced in October this year.

“The Railway Industry Association and our members now await the next business case update for TRU, as well as certainty on a rolling stock strategy for the project, enhanced governance arrangements and review of the impact of inflation on costs. We look forward to hearing from the Government on this in due course.”