Features:

Open heart surgery at London Bridge - Progress with Thameslink's biggest project
New Street complete - The refurbished station is ready for opening
Royal opening at Doncaster - Expansion at Wabtec's site
Regional revival - Extract from a new book about the Regional Railways sector
New trains for Liverpool - Merseytravel's plans described
Stopping positions - A consideration of the issues facing operators at stations
Canadian connections - Toronto's railways are booming

Regulars:

Welcome - An introduction from the Editor
Railtalk - Modern Railways' editorial view
Pan Up - The Superannuated Anoraks visit East Anglia; the cure of procurement
Blood and custard - Our diary column
Forum - Readers comment on topical issues around the railway today
People - Recent appointments
Trackwatch - Our monthly look at changes on the national network
Moving Wheels - Rolling stock news
In Business and small ads - Latest happenings in industry
Between the Lines - Chris Stokes discusses ORR's open access 'bombshell'
Crossrail update - A visit to the project's geological repository
Alan Williams - Are we blighted by bureaucracy?

News:

News Front - Newton Aycliffe factory opening; Royal ceremony for Borders; new plans for Euston; Worcestershire Parkway go-ahead
Rail Freight - Further power station closure announced; GBR's Cricklewood contract
Infrastructure News - Farnworth tunnelling delay; NR's new mobile maintenance train
Informed Sources - CP5 enhancements for the chop; Vivarail D-train prototype examined; the story behind a missed connection
Europe View - Keith Fender presents a round-up of news from across the Channel