Network Rail: Finance

(asked on 14th October 2024) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, how much and what proportion of the Control Period 7 funding settlement remains available to Network Rail; and if she will take steps to ensure that total funding level remains the same for the next financial year.


Answered by
Simon Lightwood Portrait
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 22nd October 2024

The full regulated Control Period 7 funding settlement, as outlined in the Delivery Plan, remains available to Network Rail. The phasing of spend is subject to annual update of the Delivery Plan for the 5 year period as led by Network Rail working in conjunction with the regulator and Government.

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