In the five years between April 2019 to 31 March 2024, Control Period 6, Network Rail spent £67.4 billion (2023-24 prices), to operate, maintain, renew and enhance the national rail infrastructure in Great Britain.
Our efficiency and finance assessment of Network Rail for 2024 relates to the fifth year of control period 6 (CP6). It also looks back at CP6 as a whole, which ran from 1 April 2019 to 31 March 2024.
ORR has proposed lower charges for passenger trains which use the High Speed 1 line from London St Pancras to the Channel Tunnel, and halving charges to freight, in its Draft Determination of HS1 Ltd’s spending plans, published today.
As the joint safety and economic regulator for Britain’s railway, we are reviewing how costs and benefits are assessed for safety initiatives, and whether reasonable practicability is systematically tested by duty holders.
A comprehensive plan to address the underlying issues causing poor train reliability and punctuality in Wales & Western England, including some of the UK’s busiest train routes into and out of London Paddington, has been accepted by The Office of Rail and Road (ORR).
On 29 November 2023 we opened an investigation into Network Rail’s Wales & Western region’s compliance with the Network Licence. This was because despite the delivery of planned improvement activities, the train performance levels experienced by customers continued to be below expectations.
An overview of the main regulated charges paid by train operators in control period 7 (CP7) for accessing the part of the GB rail network that is owned and operated by Network Rail.