2 September 2020
The Business, Energy and Industrial Strategy (BEIS) committee has issued a sub-inquiry into 'levelling up local and regional structures and the delivery of economic growth as part of a wider inquiry into post-pandemic economic growth.
Executive Summary
The Submission calls for:
- Rail projects need to be sped up as part of the Government’s plans for the UK’s economic recovery following the Coronavirus outbreak.
- It is important for the rail supply chain to have certainty and visibility of upcoming work.
- A 30-year plan for rail and funding certainty for devolved transport bodies will support this.
- Reducing ‘boom and bust’ in rail infrastructure work banks and rolling stock will give rail supply businesses the confidence to invest in skills and training, innovation and equipment. It will also help manage costs and improve productivity.
- This will support the levelling up agenda creating opportunities for individuals and communities across the UK.
- Rail is the transport mode with the lowest greenhouse gas (GHG) emissions in the UK, achieving full decarbonisation in rail can support significant emission reductions in other transport modes through modal shift.
The Submission