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Network Rail plans £38bn investment to upgrade railways

A £38bn upgrade to Britain's railways is expected to be announced later today by Network Rail. More than 1.5bn passengers use the train each year and the railways are expected to carry more people than ever before by 2019.

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Network Rail chief: £38bn upgrade 'a bold plan'

The £38 billion revamp to Britain's railways is "a bold plan" but one "customers expect and want to see", the head of Network Rail has told Daybreak.

Mick Carne explained: "We are going to spend about £13bn in the operating and maintenance of the railway, but about £25bn on really making substantial improvements to the railway."

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