Extract from Lords motion to approve the Welsh Ministers (Transfer of Functions) (Railways) Order 2018 - Apr 16
Tuesday, 17 April 2018 08:03
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Lord Tunnicliffe (Lab):...The aspect that frightens one when one
looks at the aspirations of the South Wales Metro is that it
involves some electrification. I have personal experience of
exceeding my budget: if I remember correctly, I spent about £1.4
billion more than I was supposed to, but that was only 70% over
budget. Network Rail, in its electrification of the Great
Western main line, managed to drive the budget up from £2.6
billion to £5.7 billion, which is pretty...Request free trial
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