Railways: Finance
The question
To ask the Secretary of State for Transport, pursuant to the National Infrastructure Service and Transformation Authority's document entitled NISTA Annual Report 2024-2025, published on 11 August 2025, what estimate she has made of the forecast underspend on (a) the TransPennine Route Upgrade and (b) the East-West Rail project in (i) 2025–26, (ii) 2026–27 and (iii) 2027–28.
Answered by Keir Mather
The Spending Review, announced on 11 June 2025, saw an average annual funding increase for improvements to the railway over the next four years, with £10.2bn provided for rail enhancements in the period. This included funding to continue to deliver at pace on East West Rail and the TransPennine Route Upgrade, for which the capital budgets are held and managed at portfolio level. There is no forecast underspend against budget for these projects at this time and information on the projects within the portfolio will continue to be reported to NISTA to support the
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