New Street Costs Soar by 144pc

Summary


The chairman of Network Rail has confirmed that preferred plans to remodel Birmingham New Street station could now cost pounds 330 million -a 144 per cent increase on original estimates.

Ian McAllister, talking at a business lunch in the city yesterday, said Birmingham City Council's special New Street task force, which includes Network Rail (NR) as owners of the station, was aiming to provide a long-term solution to its terminal capacity crisis.

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Extract


New Street Costs Soar by 144pc

Last year, a NR masterplan envisaged a scheme which would cost po...

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