With the industry desperately hoping for a tangible commitment to electrification and additional capacity what did the Secretary of State actually have to say for herself this morning?
"So Labour will develop options for a rolling programme of electrification of our railways - potentially the largest programme of electrification in our history. I have asked Network Rail to consider the case for new lines if passenger numbers continue to grow in the future.
"And if we need new lines, of course we should be asking whether they should be high speed. We all know that in the current climate, with high food and fuel prices, getting good value for money is more important than ever.
So the promise of jam tomorrow but no 'bread'!
