The time of the journey will be reduced by around 10-15 minutes, allowing commuters and tourists to reach the capital from Sheffield or vice versa in around 1 hour 45 minutes.
The renovation will cost around £500 milllion with works to be carried out bewteen 2014 to 2019.
Prime Minister David Cameron called it the "biggest modernisation of our railways since the Victorian era".Other renovations set to take place around the UK include
These include:
- A high-capacity "electric spine" running from Yorkshire and the West Midlands to south coast ports, boosting passenger and freight capacity
- Electrification extended from Cardiff to Swansea, costing £600m, plus electrification of the Welsh valley lines
- The Northern Hub - a series of projects around Manchester worth £322m that improve northern rail capacity to get more and faster trains across the north of England
- Upgrades to the East Coast Main Line from London to Leeds and Newcastle worth £240m to create faster journeys and increase capacity
- Upgrades to stations and tracks creating capacity for an additional 140,000 daily rail commutes around cities at peak times, including £350m for lengthening platforms at London's Waterloo station
- A new £500m rail link between the Great Western Main Line and Heathrow
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