Passengers at the heart of new plans for multi-billion pound investment in the railway

Thursday March 28th, 2019

Detailed plans for a multi-billion pound investment to improve the railway for passengers have been published by Network Rail. The plans show how the company will spend over £42 billion to increase reliability and improve performance over the next five years.Government Opportunities

The plans focus on making improvements to what matters most to passengers and freight users, targeting punctuality and reliability through better assets, timetables and information, and working much more closely with train operating companies. The plans have been worked up from a local level, with individual regions benefitting for the first time from their own budgets, designed in collaboration with local people.

Network Rail’s funding is made available from governments over five year periods, known as control periods, with control period 6 (CP6) starting on 1 April and running until 2024. Earlier this year the company accepted the Office of Rail and Road (ORR)’s ‘final determination’, which set out what should be delivered for the funding available. The publication of today’s delivery plans gives the detail of how the money will be spent.

Network Rail’s chief executive Andrew Haines said: “Passengers and freight users are at the heart of our plans over the next five years. Performance has been nowhere near good enough and public trust in our industry has declined. This must change.

“Our role is to deliver a railway that people can rely on, with trains that turn up and arrive at their destination on time, and where passengers have confidence they are in safe hands. This is what we must deliver daily and what we will, and should, be held to account for throughout CP6.

“Our plans for the next five years bring us much closer to train operating companies and local decision makers, they cut red tape and make it easier for others to work with us, and most importantly they put a real focus on the users of the railway.”

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