Richard Threlfall, UK head of infrastructure at KPMG, comments: “Certain parts of UK’s railway systems have been long-overdue for modernization. The government’s announcement to drive more than £9 billion of growth-boosting upgrades across the UK railway network is good news for the economy, rail passengers and the environment.
“What’s encouraging is that £4.2 billion will be for new schemes across the country. This will not only create local jobs and growth but put into place modern and sustainable infrastructure for future generations. The key now is for the railway industry to deliver by getting contracts signed and work started.
“As any infrastructure project, improving and modernizing the nation’s rail networks is a long-term commitment. The vision should be around efficiency and sustainability so we don’t fall behind our global counterparts and remain a nation with world-class infrastructure.”
Notes to editors:
Richard Threlfall is available for interview.
For further information please contact:
Arti Mohan, Corporate Communications
Tel: 020 7694 8735
Mobile: 07768 858 085
KPMG Press Office: 020 7694 8773
KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with nearly 11,000 partners and staff. The UK firm recorded a turnover of £1.6 billion in the year ended September 2010. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have more than 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.