Question to the Department for Transport:
To ask Her Majesty's Government what assessment they have made of the financial (1) efficiencies, and (2) inefficiencies, of Network Rail.
The rail regulator, the Office of Rail and Road (the ORR), ensures that Network Rail’s plans include challenging but deliverable efficiency targets. This is a central part of securing Network Rail’s funding through the Periodic Review process for each Control Period.
The ORR continuously monitors Network Rail’s delivery of efficiencies against its efficiency plans throughout each Control Period and publishes an annual assessment of Network Rail’s efficiency and financial performance, the most recent of which was published in July 2021 and can be found on the ORR’s website.