U.K. Pledges $14.6B for Rail to Boost Economic Growth

http://www.bloomberg.com/news/2012-07-16/u-k-pledges-9-billion-pounds-for-rail-to-boost-economic-growth.html

Britain is to invest 9.4 billion pounds ($14.6 billion) in the rail network over the next several years as the government tries to boost the ailing economy.

The investment, including 4.2 billion pounds of newly announced money, will be spent on upgrades to stations and tracks between 2014 and 2019, Transport Secretary Justine Greening said today. The cash injection aims to create enough capacity around cities for an additional 140,000 daily rail journeys at peak times.