Network Rail: Finance
(asked on 21st February 2020) - View Source
Question to the Department for Transport:
To ask the Secretary of State for Transport, how much of the funding allocated to Network Rail for Control Period 6 is allocated to (a) maintenance of existing infrastructure, (b) renewal of existing infrastructure and (c) enhancements and new projects.
This question was answered on 27th February 2020
In Control Period 6, Network Rail plans to spend:
£9bn on maintenance of existing infrastructure
£18.5bn on renewals of existing infrastructure
£11.4bn on enhancements and new projects
In addition to these areas of expenditure, funding is also allocated to the day to day operation of the network, business rates, industry costs and other business support costs.