Rail Industry welcomes new Infrastructure Bank
17 June 2021: The Railway Industry Association (RIA) has welcomed the establishment of the UK Infrastructure Bank in Leeds, which can support rail infrastructure as the Government looks to generate an economic recovery
Darren Caplan, Chief Executive of the Railway Industry Association (RIA), said: “It’s great to see the new UK Infrastructure Bank set up in Leeds today, which will be vital in supporting infrastructure across the UK, including for rail projects. The railway industry will look forward to working with the Bank, to generate a rail-led recovery post-pandemic, with rail investment creating jobs and economic growth across the UK.
“Interestingly, the Bank’s location in Leeds would mean it would be one of the many beneficiaries – alongside communities across the UK – of HS2 being delivered in full, with the Eastern Leg connecting Birmingham to Leeds. So we continue to urge the Government to publish the Integrated Rail Plan and give the green light to the Eastern Leg, unlocking the full connectivity and economic benefits HS2 provides.”