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European rail industry warns over lack of new research programme

Original: industry

Europe's rail industry is warning about the absence of a new research programme to support future development. Sector representatives say without dedicated EU-level research funding and planning, innovation in rail technology could fall behind competing transport modes. The warning comes as the industry also faces broader economic headwinds, with UK data showing house price growth halving amid rising mortgage interest rates.

Why now: The rail sector is lobbying policymakers over upcoming EU research and funding decisions.

European rail industryRailway PROUnited Kingdom

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Evidence

• European rail industry warns over lack of new research programme · Railway PRO
• UK house price growth halves amid rising mortgage interest rates · The Guardian

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