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Rail improvements 'to signal engineering sales job boost'
17 February 2010
The Transport Committee has released a report that details how injecting funds into the system would be a positive move for the economy in a number of ways, including creating new jobs and reducing journey times.
It also stated that the government is right to prioritise rail enhancements by increasing capacity in the current control period and investing in growth - as it can help regenerate areas and help local communities reconnect.
The group noted: "Enhancements to the railway network provide good value for money in many cases and are a worthwhile investment of public funds."
According to a recent national rail trends survey from the Office of Rail Regulation, the number of franchised journeys in 2009-10 was 314 million in the third quarter - while ordinary franchised fares accounted for 55 per cent of these trips.
By Donna Fletcher
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