George Osborne has said Derby-based Bombardier's contract to supply Crossrail trains is "great news for British manufacturing, and a real boost for the British economy".
The Chancellor claimed the £1 billion deal was also a "vote of confidence" in the Government's economic plan.
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The new scheme aims to speed up the permission process and allow applicants to apply from overseas and work in Ireland.
Since January 2010 there have been 35 collisions on the Thames involving older boats.
IPPR North research says the figure rises to seven times per person when compared with Yorkshire and the Humber or the North East.