Replanning Network Rail’s investment programme: a report from Sir Peter Hendy to the Transport Secretary (Nov 2015).
Network Rail is investing in the biggest programme of railway modernisation since the Victorian era. This is an ambitious investment programme, funded by the UK Government. Sir Peter was appointed to review the enhancement programme to 2019 and re-plan it, with the benefit of a better understanding of cost and delivery challenges. The conclusion of the review is that the vast majority of programmes and projects will go ahead for delivery by 2019. No projects have been cancelled. The remaining projects will be delivered after 2019.