Network Rail receives final funding determination for next five-years

Drone shot of the track being removed ahead of Aylesbury culvert upgrade
Drone shot of the track being removed ahead of Aylesbury culvert upgrade (Network Rail) Image by Network Rail media centre

It’s a complicated negotiation, but then again it is a negotiation over a multi-billion pound settlement. After a round of requests and counter-proposals, the government in London has proposed to the infrastructure management agency Network Rail for funding in the next five-year ‘Control Period’. A response has come back, to which the government’s arbiter, the Office of Rail and Road, has made its final determination. Except there’s still a final response to come back from Network Rail. Such is the labyrinth of the British railway.

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Author: Simon Walton

Simon Walton is UK correspondent for RailTech.com and Railfreight.com

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Network Rail receives final funding determination for next five-years | RailTech.com

Network Rail receives final funding determination for next five-years

Drone shot of the track being removed ahead of Aylesbury culvert upgrade
Drone shot of the track being removed ahead of Aylesbury culvert upgrade (Network Rail) Image by Network Rail media centre

It’s a complicated negotiation, but then again it is a negotiation over a multi-billion pound settlement. After a round of requests and counter-proposals, the government in London has proposed to the infrastructure management agency Network Rail for funding in the next five-year ‘Control Period’. A response has come back, to which the government’s arbiter, the Office of Rail and Road, has made its final determination. Except there’s still a final response to come back from Network Rail. Such is the labyrinth of the British railway.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Author: Simon Walton

Simon Walton is UK correspondent for RailTech.com and Railfreight.com

Add your comment

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