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It means Manchester's run down Victoria Station could now finally get a 27m revamp including a 16m new roof to fix the leaks that have plagued commuters for years.
Chancellor George Osborne has already approved 85m to create a rail link between Victoria and Piccadilly stations and a plan to electrify lines from Manchester to Lancashire and Yorkshire.
Bosses say the plan for the rail network, known as the Northern Hub
Train bosses have drawn up a blueprint to slash journey times and help the struggling rail network cope with 3.5m extra passengers a year.
Manchester Piccadilly could get two new platforms and new tracks could allow faster trains to overtake slower services. The project is seen Nike Jackets White as being as vital as the 32bn plan to create a high speed rail line between Manchester and London.
in Greater Manchester.
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A 560m plan to boost Greater Manchester's economy by smashing congestion on the rail network was expected to be given the green light today.
"We welcome the fact that the government has very clearly seen the value of infrastructure investment in growing the economy and these improvements would really help to drive economic growth for the North West. This scheme really is value for money with a 4 benefit for every 1 spent."
growth and up to 30,000 jobs will arise from interventions in the hub.
New track would be laid, stations improved, key routes electrified and new trains introduced under the plan by Network Rail.
The cash injection would come between 2014 and 2019.
But local transport chiefs and rail campaigners have been fighting to secure the full funding for the Northern Hub plan amid concerns the package could have been broken up into separate parts.
, would create 30,000 jobs and boost the regional economy by 4.2bn by making it easier for the north's cities and their businesses to interact.
560m cash injection for Northern Hub to put Greater Manchester trains back on rails
the proposals, the 160 year old Grade II listed Victoria Station could get a futuristic see through roof from the same material as the domes of the Eden Project in Cornwall.
Greater Manchester Business Week is the region's number one provider of business news andfeatures, targeting a bespoke business audience with 12,687 copies every Thursday.
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Susan Williams, from the North West Rail Campaign, said: "An announcement to fund the Northern Hub will be the best possible news for the economy in the north west. The business case for the Northern Hub has always been strong. More than 4bn of economic Nike Jacket Zip Up
The masterplan would see 700 more trains a day running between towns and cities across the north, with space for 44m more people to travel by rail each year.
Free morning newspaper, The Metro, published every weekday, is also part of our portfolio,
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