Network Rail: Finance

(asked on 20th June 2019) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, when he plans to confirm the level of funding available to Network Rail for control periods (a) 7 from 2024 to 2029 and (b) 8 from 2029 to 2034.


Answered by
Andrew Jones Portrait
Andrew Jones
This question was answered on 25th June 2019

Under the terms of the Railway Act 2005, the Statement of Funds Available for Control Periods 7 and 8 would most likely be published in 2022 and 2027 respectively, although the length of Control Periods is for the independent Office of Rail and Road to determine. The ongoing Williams Rail Review is also considering broader structural issues around the rail industry.

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