Going electric could give £6 billion boost to South West Peninsula

Press Release / For immediate distribution - 25/11/14Electrifying mainline rail services to the South West Peninsula could deliver a £6 billion boost to the region’s economy, says a new report published today.The economic study into the electrification of rail services to Plymouth and Cornwall says the return to the South West economy could be £100 million a year - £6 billion over a 60-year appraisal period for new infrastructure – with faster journey times for passengers.The study for the Peninsula Rail Task Force says electric trains are cheaper, faster and more reliable to operate