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07/07/2014
Network Rail Hit With Record Fine
The Office of Rail Regulation (ORR) has issued a record fine of £53.1 million against Network Rail over "shortfalls in performance".
The regulator said that the railway firm had failed to deliver on its plans for service improvements and had fallen "significantly short" of punctuality targets.
The company blamed missed targets on running more trains to meet demand.
Network Rail was hit with a previous "record fine" of £14m in 2009.
(MH/CD)
The regulator said that the railway firm had failed to deliver on its plans for service improvements and had fallen "significantly short" of punctuality targets.
The company blamed missed targets on running more trains to meet demand.
Network Rail was hit with a previous "record fine" of £14m in 2009.
(MH/CD)
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