Menu
12/06/2013
Regulator Issues New Targets For Network Rail
Network Rail must make savings of £2 billion in the next five years while improving punctuality on all of its services, the Office of Rail Regulation (ORR) has said.
The ORR added that cost cutting must not come at the expense of safety, and that nine out of ten trains must run on time by 2019.
Network Rail is in charge of the UK's rail infrastructure.
The new targets from ORR follow a report last week, which said the rail operator had missed all of its targets in England and Wales in 2012.
The regulators recommendations where made after consulting Network Rails five-year business strategy.
(MH/CD)
The ORR added that cost cutting must not come at the expense of safety, and that nine out of ten trains must run on time by 2019.
Network Rail is in charge of the UK's rail infrastructure.
The new targets from ORR follow a report last week, which said the rail operator had missed all of its targets in England and Wales in 2012.
The regulators recommendations where made after consulting Network Rails five-year business strategy.
(MH/CD)
Related UK National News Stories
Click here for the latest headlines.
13 January 2012
Legal Action Taken Over Cumbrian Rail Crash
It has been revealed that Network rail is to be prosecuted over the Cumbrian rail crash back in 2007, which claimed one life. The rail regulation body, The Office of Rail Regulation (ORR) has said that they have started legal proceedings against Network Rail for a breach of health and safety law.
Legal Action Taken Over Cumbrian Rail Crash
It has been revealed that Network rail is to be prosecuted over the Cumbrian rail crash back in 2007, which claimed one life. The rail regulation body, The Office of Rail Regulation (ORR) has said that they have started legal proceedings against Network Rail for a breach of health and safety law.
08 November 2011
High Speed Rail Network Gets Backing
A government committee has announced that a high-speed rail link between London and Birmingham has a "good case". The announcement comes after the Government carried out a public consultation on the proposal and the recommended route for an initial high-speed line from London to the West Midlands.
High Speed Rail Network Gets Backing
A government committee has announced that a high-speed rail link between London and Birmingham has a "good case". The announcement comes after the Government carried out a public consultation on the proposal and the recommended route for an initial high-speed line from London to the West Midlands.
09 October 2008
Scottish Rail Strike Suspended
Scottish rail services are expected to return to normal after talks between Network Rail and the Rail Maritime and Transport (RMT) union lead to a suspension of the 24-hour strike scheduled for noon.
Scottish Rail Strike Suspended
Scottish rail services are expected to return to normal after talks between Network Rail and the Rail Maritime and Transport (RMT) union lead to a suspension of the 24-hour strike scheduled for noon.
27 April 2004
Firms accept liability for Potters Bar rail crash
In a joint statement made today Network Rail and Jarvis plc have formally accepted liability for the 2002 Potters Bar rail crash. Network Rail and Jarvis said they hoped that by "formalising the liability issue, those affected by the tragedy will gain some level of comfort and assistance".
Firms accept liability for Potters Bar rail crash
In a joint statement made today Network Rail and Jarvis plc have formally accepted liability for the 2002 Potters Bar rail crash. Network Rail and Jarvis said they hoped that by "formalising the liability issue, those affected by the tragedy will gain some level of comfort and assistance".
05 September 2012
Network Rail Could Face Multi-Million Pound Fine
Network Rail (NR) could be facing a large fine over failures to deliver on plans to improve long-distance train punctuality, rail regulators have said. The Office of Rail Regulation (ORR) said the rail infrastructure company faces a multi-million pound fine if it misses lateness targets for 2013-14.
Network Rail Could Face Multi-Million Pound Fine
Network Rail (NR) could be facing a large fine over failures to deliver on plans to improve long-distance train punctuality, rail regulators have said. The Office of Rail Regulation (ORR) said the rail infrastructure company faces a multi-million pound fine if it misses lateness targets for 2013-14.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
