Regulator demands Network Rail spend extra £1bn on rail renewals

By Jordan Marshall2018-06-14T10:45:00

Office of Rail and Road recommendation would bring renewal budget to £18bn

Rail regulator the Office of Rail and Road (ORR), has demanded Network Rail spend an extra £1bn on upgrading the network.

The order comes as part of its initial view of Network Rail’s plans to spend more than £34bn between 2019 and 2024 - the programme known as Control Period 6.

In its assessment of the five year plan the Office of Road and Rail (ORR) said it had “identified greater scope for Network Rail to do more than it proposed to boost reliability and safety, for the benefit of both passengers and freight customers”.

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