New Burnley rail link may have funding

[northwichcat]

A direct Burnley-Manchester rail link was mentioned on Granada Reports. I think if I heard correctly it will be 1/7th government funded and 6/7th local business funded.

 

[swt_passenger]

A direct Burnley-Manchester rail link was mentioned on Granada Reports. I think if I heard correctly it will be 1/7th government funded and 6/7th local business funded.

BBC article: http://www.bbc.co.uk/news/uk-england-lancashire-15519605

Suggests £8.8 million from DfT - that seems rather expensive if your 1:6 ratio is right?

What effect will it have on existing services - I'm not familiar with operations in that area...

 

[YorkshireBear]

I think it is going head look for more details in this thread. It is todmorden curve.

http://www.railforums.co.uk/showthread.php?t=45735

 

[northwichcat]

Yes I agree it is just the Todmorden curve. It was the media making it sound like a whole new line opposed to just the reopening of a short stretch of line.

They showed Nick Clegg saying how brilliant the idea was and stating that for every £1 invested by the government, local businesses would invest £6 making it a good deal for both the government and business. However, looking in more detail I think that's an average rate as the percentage of government funding varies depending on the type of project.