Rail industry welcomes Rail Sector Deal

The Rail Sector Deal has been announced today, between Government and industry. 

The Rail Sector Deal will build on the strong partnership working between the rail sector and the government to exploit the opportunities of new technologies, improve the efficient use of our rail network capacity and enhance the experience of those who use our railways.

 
“Members of the RIA team played a significant part in helping to drive this deal forward, and we look forward to participating further to help implement the Deal, particularly its sustainable procurement and Digital Railway pillars.
 
“It is an exciting time to be working in the rail industry, and the Rail Sector Deal will help the UK’s railway deliver even more for UK plc, its economy and connectivity, in the years ahead.”

Notes to Editors

1. The Rail Sector Deal can be downloaded here.
2. About RIA: The Railway Industry Association (RIA) is the voice of the UK rail supply community. We help to grow a sustainable, high-performing, railway supply industry, and to export UK rail expertise and products. We promote and represent our members’ interests to policy makers, clients and other stakeholders in the UK and overseas. RIA has 230+ companies in membership in a sector that contributes £36 billion in economic growth and £11 billion in tax revenue each year, as well as employing 600,000 people—more than the workforce of Birmingham. It is also a growing industry with the number of rail journeys expected to double over the next 25 years and freight set to grow significantly too. RIA’s membership is active across the whole of railway supply, covering a diverse range of products and services and including both multi-national companies and SMEs (60% by number). RIA works to promote the importance of the rail system to UK plc, to help export UK expertise around the globe and to share best practice and innovation across the industry.