In December 2015 the Department for Transport announced it intends to award the Northern franchise to Arriva Rail North Limited, and the TransPennine Express franchise to First Trans Pennine Express Limited. Together they will oversee £1.2 billion investment in rail services with more new and modernised trains, more seats, more services as well as investment in stations. The franchises will be jointly managed from Leeds by the Department for Transport and Rail North Limited - which represents 29 local authorities across the north.
This report sets out the success of regional rail over the past decade and a half despite limited investment when compared to other rail sectors. The report then goes on to develop two hypothetical scenarios to demonstrate how investment in regional rail could deliver even greater benefits, significantly reducing subsidy and growing the benefits delivered to our city region economies.