Price controls reports (eg periodic reviews)

Our long-term regulatory statement – 'Opportunities and Challenges for the Railway' – discusses how our regulation may develop in line with the changing shape of the industry, and identifies priorities for the growth and sustainability of Britain's railways. Railways have been a major success story for the past decade. Passenger demand is at the highest ever and freight numbers are growing. This

The 2008 Periodic Review (PR08) set the outputs that Network Rail must deliver, and the level of access charges paid by train operators for use of the infrastructure from 1 April 2009 to 31 March 2014, or control period 4 (CP4).

How we'll monitor Network Rail 2014-2019

The decisions we've made will help the railway to grow in a sustainable way which minimises the costs to taxpayers, passengers and freight customers.

The assessment of the scope for Network Rail to improve on its cost efficiency is central to our work, since it enables us to establish efficient levels of track access charges when we periodically review Network Rail's outputs as part of a balanced package.