Network Rail: Finance

(asked on 8th December 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what assessment he has made of the effect of the £1 billion reduction in Network Rail railway enhancement budget for Control Period 6 on (a) frequency and reliability of affected services, (b) jobs in Network Rail and the wider supply chain and (c) the Government’s Transport Decarbonisation Plan and carbon reduction targets.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Minister of State (Department for Transport)
This question was answered on 14th December 2020

There are no current train services that have been impacted by the outcome of the Spending Review. The Spending Review has not cancelled delivery of any improvement works.

The Spending Review confirmed that the government is supporting the railway and we will continue investing in ambitious improvements to modernise it. We are currently working with Network Rail to agree a new baseline for the portfolio that fits with the new funding envelope. As such we are not yet in a position to fully assess the impact on Network Rail jobs and/ or the wider supply chain.

Furthermore, decarbonisation remains central to investment being made in Rail.

We are committed to building a railway that is greener and fit for the future and that is why we continue to look at ways to decarbonise our network in a way that makes best use of taxpayers funding.

This content was generated for your convenience by Parallel Parliament and does not form part of the official record.
Recent Documents related to Network Rail: Finance

1. Angel Trains - written evidence
17/07/2019 - Inquiry: Trains fit for the future? - Transport Committee
- View source

Found: (TFF0028) Overview 1.1   Angel Trains welcomes the Transport Select Committee’s inquiry into ‘Trains fit for

2. Angel Trains - written evidence
25/06/2019 - Inquiry: Trains fit for the future? - Transport Committee
- View source

Found: (TFF0016) Overview 1.1   Angel Trains welcomes the Transport Select Committee’s inquiry into ‘Trains fit for

3. Arriva UK Trains - written evidence
22/07/2019 - Inquiry: Trains fit for the future? - Transport Committee
- View source

Found: of passenger transport in Europe, employing over 53,000 people and delivering 2 billion passenger journeys

4. ScottishPower - written evidence
03/09/2019 - Inquiry: Decarbonisation of the UK Economy and Green Finance - Treasury Committee
- View source

Found: major UK energy company with generation, retail supply and networks businesses; we are a leading developer

5. Railway Industry Association - written evidence
22/07/2019 - Inquiry: Trains fit for the future? - Transport Committee
- View source

Found: Written evidence - Railway Industry AssociationWritten evidence submitted by the Railway Industry Association

Latest Documents
Recent Speeches related to Network Rail: Finance

1. High Speed Rail (West Midlands - Crewe) Bill (Second sitting)
25/06/2019 - Public Bill Committees

1: scheduled works on trees and woodland habitats;(b) steps to be taken to minimise or mitigate those effects - Speech Link
2: and compensation for the likely effects of the railway. HS2 Ltd has published an ancient woodland strategy - Speech Link
3: and pro-environmental measure such as high-speed rail was inadvertently to damage habitats and the Government - Speech Link

2. Transport
05/02/2020 - Commons Chamber

1: That this House acknowledges that the UK’s transport emissions have not substantially fallen since - Speech Link

3. Rail Infrastructure Investment
17/01/2019 - Westminster Hall

1: has considered the Fourth Report of the Transport Committee, Rail infrastructure investment, HC 582, and - Speech Link
2: has considered the Fourth Report of the Transport Committee, Rail infrastructure investment, HC 582, and - Speech Link

4. Oral Answers to Questions
24/06/2021 - Commons Chamber

1: only two days’ notice, this week East Midlands Railway has halved the train services through Stoke-on-Trent - Speech Link
2: know that he spoke to the Rail Minister about it yesterday. East Midlands Railway has introduced a new timetable - Speech Link
3: Exeter airport in his constituency, which provides jobs and employment for many of his constituents. He - Speech Link

5. Oral Answers to Questions
03/12/2020 - Commons Chamber

1: he plans to allow publicly owned rail operators to bid for future rail contracts under the proposed concession - Speech Link
2: of reach due to the lack of accessibility on transport. What is the Secretary of State doing to ensure - Speech Link
3: because 75% of all journeys—on what is a Victorian network that we are trying to upgrade—are now through step-free - Speech Link

Latest Speeches
Recent Questions related to Network Rail: Finance
Latest Questions