Rail funding cuts increase risk of major accidents on the network, TUC says
Network Rail plans to cut annual expenditure by £100m, mainly through the loss of 2,500 rail maintenance jobs. A previously unpublished analysis of Network Rail data by the RMT union found that this could lead to 670,000 fewer hours of maintenance work annually. The cuts come after a Spending Review from the Chancellor at the end of 2020 that saw Network Rail’s budget cut by £1bn for the 2019-2024 period, down nearly 10 per cent on the £10.4bn for the previous five-year period. In its latest report, the TUC said it was impossible to make those cuts without losing many safety-critical jobs. Network Rail responsibilities include track maintenance and maintaining signals to ensure trains are on time and prevent collisions as well as ensuring a consistent electricity supply to the network…