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Railway expansion plan revealed

A £37.5 billion plan to run and expand the railways in the period 2014-19 was unveiled today by Network Rail (NR).

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Office of Rail Regulation to 'scrutinise' Network Rail plan

The chief executive of the Office of Rail Regulation , Richard Price, has said Network Rail's expansion plan "demonstrates the company's ambition to deliver an even better railway for Britain".

He added:

Key to maintaining rail's success will be openly justifying this significant commitment of public money. Taxpayers significantly fund the railways, and have every right see where this money is being spent.

ORR will now scrutinise the plan on behalf of rail users and taxpayers to ensure every penny is made to count and that all those involved in delivering the plan work together to achieve the highest levels of efficiency and best possible value for money.

Our analysis, informed by public views, will focus on ensuring NR delivers the right plans, in the right ways, at the right cost.

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