The Transport Committee welcomes record investment committed to the 'classic' rail network but calls for greater regional balance in spending. Network Rail must also regain the confidence of passengers following recent disruption. The Committee calls for the Government to take responsibility for rolling stock, to address general shortages and ensure there will be sufficient trains to run on newly-electrified lines. The Committee also concluded: (i) Record levels of funding show a welcome commitment to ’classic' rail but this should be set in a longer-term strategic plan for the rail network, which ties into a wider transport strategy; (ii) The overrunning Christmas engineering works were unacceptable; (iii) Network Rail must have adequate contingency plans. They must also work with Passenger Focus and train operating companies to improve communication with passengers when engineering works fail; (iv) In the light of the change of status of Network Rail the ORR must reconsider whether fining a public sector body remains an effective means for the regulator to exert control; (v) Greater transparency is essential around rail spending. Criteria used to allocate spending should be published.

Good surface access to airports is crucial. Where it works well, it can have significant positive impacts, both economically and environmentally. Limited or poor surface access can constrain growth, adversely affect the passenger experience, and force passengers, employees and freight operators to choose modes of travel to and from airports that exacerbate environmental problems and congestion. In the last Parliament, the Transport Committee recommended that the Government should develop a coherent strategy to improve road and rail access to the UK's major airports, and stressed the need for greater connectivity between airports outside South East England. Our inquiry shows that Government has made little headway with this agenda. The absence of a decision on airport expansion in the South East is a major obstruction to progress, and without a master plan for the country, the regions cannot be expected to deliver effectively their own pieces of the jigsaw. Government must take a clear lead on integrated transport planning which will benefit airports and the country as a whole. The Government is working on a draft National Policy Statement on airports. While, for the Government, this is driven primarily by the need to deal with airport expansion in South East England, the NPS must help to clarify how planning decisions will be made in relation to surface access improvements. Decisions about new transport infrastructure need to be taken far enough in advance that their implications can be taken into account in local development plans. Network Rail, Highways England and their counterparts across the rest of the UK should reflect these decisions in their long-term plans and funding commitments.

As the borders of the Ottoman Empire crumbled throughout the latter half of the nineteenth century, unprecedented amounts of foreign capital poured in from investors who were eager to capitalize on the country's sparsely regulated industries. Economist Necla Geyikdagi sheds light on the motives, means and policies which shaped foreign direct investment (FDI) in the Ottoman Empire throughout the late-nineteenth century. The book weighs political motivation against economic incentive in examining the trade policies of the major capital exporting countries. Drawing from key speeches on foreign trade policy, personal journals and popular publications, Geyikdagi provides unique insight into the network of foreign investors and politicians that lay behind the channels of direct investment within the ailing Empire.

This book formulates a new strategy for the railways, trying to discover how much traffic British Rail can hope to obtain. It looks at two fundamental assumptions on which the Board's case for a large and virtually open-ended subsidy rests.