Parkinson in new rail cash push
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• Transport Secretary Cecil Parkinson is under growing pressure to pump more cash into the development of railway freight facilities following the collapse of the .2bn Channel Tunnel fast rail link project due to high costs.
However, Parkinson insisted that despite the fast link ruling, schemes to boost rail freight services across the country are proceeding fast.
The Transport Secretary also claimed that the present network, now being improved by a 2bn/three year investment programme, would be adequate to serve both freight and passenger needs until the end of the decade.
Labour's transport spokesman John Prescott warned that dropping the fast link would pile more traffic onto the roads, particularly freight, in the South-East.