Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Best Mutual Funds In 2026: Top 5 Infrastructure Funds That Delivered Up To 29% Returns In 3 Years
    • Mutual Fund investments through salary? SEBI explores new payment model
    • Korea moves to allow foreigners to trade ETFs directly
    • Want gold exposure? These gold funds delivered the best long term returns over five years
    • Half a Million Dollars. Two ETFs. $1,400 a Month, Without Touching the Principal.
    • Can SEBI’s salary linked SIP plan trigger India’s biggest mutual fund behaviour shift?
    • Why bonds may not save investors from the next market shock: Chart of the Day
    • How $700,000 Spread Across Four Preferred Stock ETFs Generates $42,000 a Year Even When the Stock Market Stalls
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Funds released for Manchester underground transport study
    Funds

    Funds released for Manchester underground transport study

    February 6, 2026


    Those travelling on the Metrolink between Altrincham and Bury could be heading underground in the future, with Greater Manchester Combined Authority agreeing to invest £375,000 to begin feasibility studies on a tunnelled metro.

    The Altrincham and Bury line was one of three areas proposed for an underground line by Transport for Greater Manchester during a meeting with GMCA’s Bee Network committee last week.

    TfGM said it would explore developing an underground rapid transit line that aligned with the existing Altrincham and Bury Metrolink lines as they are the busiest in the system and likely to exceed capacity by 2050 even if longer vehicles are introduced. An underground relief tunnel, TfGM argued, would double the network’s capacity.

    The other two line potentials to be explored in the feasibility studies are one that aligns with the Castlefield Corridor and Salford Crescent to Piccadilly and a brand-new, wholly segregated underground metro that runs from Northern Gateway to Manchester International Airport, connecting areas without existing tram or train lines.

    All three possible underground lines are in the earliest of planning stages, with TfGM bosses saying they would be unable to even provide a map of what they may look like in GM before the committee’s next meeting in February.

    The proposals earned praise from Bury Council’s Cllr Alan Quinn, who admitted to being “pretty excited about this”.

    He added: “I think it’s fantastic that when we reach capacity we do what Greater Manchester does, we think outside the box.”

    The £375,000 in funding for the feasibility studies comes from GM’s City Region Sustainable Transport Settlement from central government.

    In December, Greater Manchester Mayor Andy Burnham had set a target to open a subway network in the city by 2050. In August, feasibility studies for an underground transit system had been an agreed beneficiary from a £6m funding commitment by the GMCA.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Want gold exposure? These gold funds delivered the best long term returns over five years

    May 23, 2026

    Best low-expense mutual funds: 5-star funds with up to 15% returns despite market turmoil in 1 year – Mutual Funds News

    May 22, 2026

    Irish Funds Industry Special Report – The Irish Times

    May 21, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Best Mutual Funds In 2026: Top 5 Infrastructure Funds That Delivered Up To 29% Returns In 3 Years

    May 24, 2026

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Best Mutual Funds In 2026: Top 5 Infrastructure Funds That Delivered Up To 29% Returns In 3 Years

    May 24, 2026

    Personal Finance Updated: Sunday, May 24, 2026, 14:59 [IST] Best Mutual Funds in 2026: Long-term…

    Mutual Fund investments through salary? SEBI explores new payment model

    May 24, 2026

    Korea moves to allow foreigners to trade ETFs directly

    May 23, 2026

    Want gold exposure? These gold funds delivered the best long term returns over five years

    May 23, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Home loan EMI+SIP: By paying 11% more than your EMI, you can recover entire Rs 97.3 lakh interest liability in 25 years; here’s how

    October 11, 2024

    What the big 10 fund houses bought and sold in March 2025?

    April 16, 2025

    Bond Yields Sink on Bets Fed Will Cut in September: Markets Wrap

    July 11, 2024
    Our Picks

    Best Mutual Funds In 2026: Top 5 Infrastructure Funds That Delivered Up To 29% Returns In 3 Years

    May 24, 2026

    Mutual Fund investments through salary? SEBI explores new payment model

    May 24, 2026

    Korea moves to allow foreigners to trade ETFs directly

    May 23, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.