RAILWAY INDUSTRY ASSOCIATION
INTERNATIONAL HIRE & SALES
Campaigns RIA campaigns on a number of key issues, on behalf of the rail supply community.
Our key campaigns include:
• Provides around 600,000 jobs (employing more people than the entire workforce of Birmingham) • Generates £11bn annually in tax revenue • Generates £2.20 of income from every £1 spent on the rail network Ending ‘Boom and Bust’ Rail Funding ‘Boom and bust’ funding in the rail industry is having a significant detrimental effect on the supply chain, leading to redundancies and recruitment freezes, reductions in investment, threatening the ability of SMEs to survive and adding up to 30% to rail industry costs. This is across both the infrastructure and rolling
stock sectors. RIA believes a long term strategy is needed that delivers consistent workloads for the industry, building up a sustainable supply sector that can deliver effectively, to time and budget. Cost Effective Electrification Electrification remains the optimal form of traction for an intensively used railway, as it has a number of benefits, including costing less in the long term, reducing journey times, producing less wear on the track and being more environmentally friendly. In 2017, the Government halted a
Demonstrating the value of UK rail In February 2018, RIA published The Economic Contribution of UK Rail in response to concerns that the size and economic impact of the rail industry was being under-reported. This ground-breaking report, developed by independent researchers Oxford Economics, found that UK rail: • Contributes over £36bn annually to the UK economy (a greater economic impact than the food, drink and tobacco manufacturing and the chemical and pharmaceutical industries)
FOR ROAD RAIL AT ITS BEST CALL: +44(0)1246241312 email: info@srsrailuk.co.uk or visit our website www.srsrailuk.com
15
Made with FlippingBook - Online catalogs