Funding railway infrastructure when there is no magic money tree
Posted: 16 November 2017 | Jason Chamberlain - Asset Finance Partner at Berwin Leighton Paisner (BLP) | No comments yet
Jason Chamberlain, Partner, Asset Finance at Berwin Leighton Paisner (BLP), provides insight into how local authorities in the UK might raise the necessary capital to fund the much-needed additions and improvements to rail infrastructure in the coming years.
‘Nothing is easier than spending public money’
“[The] biggest investment in…rail since the Victorian era,” so said the UK Government in 2012. However, many years from now, upon researching when you look up ‘The Golden Age of Rail’, I doubt it will bring up ‘The Victorian Age, and 2012-2017’.