All bets off for £38bn rail planpublished at 12:26
Kamal Ahmed
Business editor
It was launched with much fanfare in April last year - a £38bn plan to bring Britain's railways kicking and screaming into the 21st Century.
The "largest modernisation of the railways since Victorian times" was at the heart of the government's long term economic plan.
Well, today all bets are off as to how much of the ambitious plan will be delivered. And when.
Read more on Kamal's blog here