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 5 was spent on (a) maintenance of existing infrastructure, (b) renewals of existing infrastructure and (c) enhancements and new projects.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 27th February 2020

In Control Period 5, Network Rail spent:

  1. £6.658bn on maintenance of existing infrastructure

  2. £14.295bn on renewals of existing infrastructure

  3. £16.025bn on enhancements and new projects

In Control Period 5, Network Rail’s spending was funded through a combination of government loans and grants; charges paid by train operators; and income from other sources such as property. It is not possible to separately identify how much of each funding source was spent across Network Rail’s specific activities.

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