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We're reducing the cost of running the railway

08 November 2012

Our regulator, the Office of Rail Regulation, says that we are meeting our targets for significantly reducing the cost of running Britain’s railway.

 

“We welcome the news from our regulator. Millions of pounds have been saved helping to reduce the railway’s cost for taxpayers and farepayers alike. This progress is being delivered while also maintaining high levels of safety, performance and investment and we’re determined to keep this momentum.

“That task is getting ever harder as growth and resulting congestion become more challenging to manage. The railway’s popularity is a good thing that is to be welcomed but we, and our train operating company colleagues, cannot afford any complacency as there are yet more challenging targets ahead.”

Paul Plummer, group strategy director, Network Rail 

Read the Office of Rail Regulation's report, Annual efficiency and finance assessment of Network Rail 2011-12.