Business Plan 2005

The Business Plan is a vital document which details the progress we have made so far in the rebuilding of the railway, and sets out our next steps as we move towards the sustainable and consistently high-performing railway we all wish to see.

In this year's plan we are demonstrating that we are ambitious for Britain's railway by raising the bar on train punctuality with new and even tougher targets for delay minutes in the future. With the new targets, Network Rail will deliver additional reductions in delays each year, every year for the next four years over and above the already demanding targets set by the Rail Regulator.

At the same time, we have announced that our efficiency drive has achieved real results in the last 12 months. In total, a £420m efficiency saving was made during 2004/05 - this includes a £100m saving on operations, a £70m saving on maintenance and a £250m efficiency saving on the renewals programme.

In addition to raising the bar on train punctuality and improving efficiency, the key highlights of the Business Plan include:

• Network Rail delays in 2004/05 are forecast to be around 11.5m minutes, compared to 13.7m minutes the previous year and against a target of 12.3m minutes. This means Network Rail delays fell by 16%.
• Trains classified as 'on-time' has risen to 83.5% on an annual average basis compared to 81.2% last year, and against a target of 82.8%.
• The company will spend £20.5bn over the remaining four years of the control period, to continue the task of slashing delays and rebuilding the railway
• £2.6bn to be spent on renewals in the next year, with around 570 miles of new rail to be laid - more than double the typical rate five years ago
• Further safety improvements continue, with broken rails at historically low levels and a further 8% reduction forecast for the next twelve months
• A major investment in training and development, with new signaller training facilities open, a new apprenticeship scheme with 200 places being launched, and the creation of a management training school by the end of 2005.
• The gradual transfer of responsibilities to Network Rail under the Government's Future of Rail White Paper is progressing well. Work is already underway on Network Rail's Route Utilisation Studies and from 4 April Network Rail will be responsible for reporting on overall industry performance to the Department for Transport.
  
  The documents below are in Adobe Acrobat (PDF) format. If you do not have Acrobat Reader, you may download it free from www.Adobe.com

	Title	Size	Date
	Business Plan Summary
	Business Plan Summary	3.4Kb	31 March 05
	Management Plan
	Management Plan	2.5Mb	31 March 05
	Route Plans
	Introduction	0.4Mb	31 March 2005
	Route Plans - 26 Strategic Routes	7.7Mb	31 March 2005
	Route Plans - Further Information	1.9Mb	31 March 2005

Business Planning Criteria

The Business Planning Criteria explains how investment and other decisions are made to deliver our asset management strategy, and the context in which these decisions are made. It also details the criteria we apply in making these decisions and, where constraints exist, how activities should be prioritised and trade-offs made.

This document is being published for consultation with our stakeholders and we will be seeking to understand their views in conjunction with discussion of our 2005 Business Plan.

	Business Planning Criteria	1.79Mb	31 March 2005