Rail industry news from Railnews | Today's news for Tomorrow's …
Railnews covers all topics from around the railway, from the staff, to the businesses and politics that influence today's railway. Read the latest news on Network Rail and ScotRail alliance, diesel savings, rail fares, HS2 and more.
Complaints about fare enforcement trigger review
19 hours ago · The growing number of complaints reported from rail passengers who are sometimes prosecuted and heavily fined for a comparatively trivial mistake about the fare they should have paid has triggered a Government review into how operators deal with fare evasion, which is said to cost several hundred million pounds a year.. In one recent case, a 29-year old passenger from St Albans was threatened ...
King’s Speech confirms creation of Great British Railways
Jul 17, 2024 · The new Labour Government has announced plans to nationalise passenger operators and create a unified railway system under Great British Railways. The industry has reacted with mixed views, while the King’s Speech also includes bills for ticketing reforms, rail freight support and open access.
Rail freight growth 'won't happen on its own', warns industry group
Jun 7, 2024 · The amount of freight carried by train over the past year to 31 March has remained largely stable, and the latest figures show that the industry has failed to attract more traffic of most types.. The exceptions which have increased are construction materials, food and drink, and some domestic intermodal movements, which the Office of Rail and Road dubs ‘non-maritime’.
Network Rail prepares for major changes as CP7 starts
Apr 3, 2024 · Network Rail chief executive Andrew Haines is predicting that Control Period 7 will mean meeting the challenges of ‘climate change, train performance, industry revenue and reform’.. Control Period 7 began on 1 April, and this five year budget is expected to be the last for Network Rail in its present form, because NR is set to become Great British Railways within the next two or three years.
Restoring Your Railway fund cancelled | Railnews | Today's news …
Jul 29, 2024 · The Chancellor has told the House of Commons that the £500 million Restoring Your Railway fund has been cancelled. Rachel Reeves said the Fund had not been costed, and that she was seeking savings in transport spending worth £1 billion. The decision will save £76 million next year.
Regulator approves £43.1 billion Network Rail budget
Oct 31, 2023 · Updated 09.30. Network Rail’s spending plans for Control Period 7, which begins in April, have been given the green light by the Office of Rail and Road.. The budget of £43.1 billion consists of £38.5 billion for England and Wales, and £4.6 billion for Scotland.
Report claims possible rethink over National Rail Contracts
Nov 20, 2023 · The government is said to be poised to reintroduce a degree of commercial freedom in National Rail Contracts, with the intention of allowing operators to increase profits.. It is reported that the owners of operators are urging the government to loosen the tight restrictions of the present contracts.
Passenger levels continue recovery | Railnews | Today's news for ...
Dec 1, 2022 · The number of passengers on National Rail reached 99 per cent of pre-Covid levels on Friday 18 November according to the latest statistics from the Department for Transport, which also said the usage level remained at 97 per cent over the weekend which followed.. The DfT is set to publish a Statement of Funds Available (SoFA) tomorrow.
Passenger figures bounce back to 80% - Railnews
Mar 31, 2022 · THE latest figures from the Department for Transport show that railway passenger figures made a strong recovery in March. The peak day was 18 March, when passenger figures reached 80 per cent of pre-lockdown levels, but the totals during the rest of the month were mostly more than 70 per cent.