The
Chancellor


has
told
the
House
of
Commons
that
the
£500
million
Restoring
Your
Railway
fund
has
been
cancelled.

Rachel
Reeves
said
the
Fund
had
not
been
costed,
and
that
she
was
seeking
savings
in
transport
spending
worth
£1
billion.

The
decision
will
save
£76
million
next
year.
Individual
Restoring
Your
Railway
projects
will
be
reconsidered through
a
review
by
the
transport
secretary.