Regulatory accounting guidelines
8 May 2024
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Network Rail’s regulatory accounts provide information on Network Rail’s financial performance on a regulatory basis.
Economic regulation
Periodic review 2023 (PR23)
4 April 2024
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Information about the 2023 periodic review (PR23) of Network Rail's outputs and funding for control period 7.
PR23 legal notices and CP7 price lists
13 March 2024
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All our periodic review 2023 (PR23) legal notices will be added to this page during the review. It also includes links to Network Rail's price lists for track access charges.
Implementing PR23: consultation on drafting changes to access contracts
15 February 2024
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A consultation on the changes we propose to make to Network Rail's track and station access contracts to implement the 2023 periodic review (PR23).
Asset management independent reports
16 January 2024
Content archived on 8 April 2026
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Network Rail's network licence includes a condition providing for independent experts (reporters) to be appointed by the network operator (Network Rail), to provide ORR with advice on different aspects of Network Rail’s performance.
Road Expert Panel
21 December 2023
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Between 2019 and 2024 our Road Expert Panel provided advice and support to our work holding National Highways to account.
Rail regulator says train punctuality and cancellations remain challenging, but Network Rail starting to improve train performance
7 December 2023
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New statistics from the Office of Rail and Road (ORR) released today show Britain’s railway is still not delivering consistently punctual and reliable journeys. However, the regulator’s latest assessment of Network Rail’s performance shows that the company is beginning to turn a corner.
Rail regulator launches investigation into Wales & Western train performance
29 November 2023
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The Office of Rail and Road (ORR) has today launched an investigation into poor train punctuality and reliability in the Network Rail Wales & Western region.
Regulator’s report shows rail industry continues recovery from the pandemic with increased fares revenue and reduced government support
28 November 2023
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The Office of Rail and Road (ORR) has today published its annual Rail Industry Finance (UK) statistical report.
PR23 final determination explained
3 November 2023
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For the five years from April 2024, Network Rail plans to spend £43.1 billion operating, maintaining and renewing Britain’s railways.