18 January 2018 The UK rail industry financial information 2016-17 presents ORR’s analysis of the rail industry’s finances. Key findings include: £9.7bn of rail funding came from passenger fares, an increase of 1.1% from 2015-16. £3.4bn came from government funding (net), a decrease of 0.7% since 2015-16. Governments received £0.7bn net from train companies. This is because while companies
In November 2017, we published working paper 7. This discussed how incentives for collaborative working between train operators and Network Rail could be strengthened. Following its publication, we held a number of discussions with stakeholders to inform our thinking on this issue. We also received 12 responses to this working paper which are available here. We are grateful to all those who
Date published: 30 November 2017 Consultation closing date: 25 January 2018 Conclusions published: 24 May 2018 The volume incentive was designed to encourage Network Rail to make additional capacity available in response to unexpected demand from operators to use the network. In November 2017, we published Working Paper 6: The Volume Incentive. In the paper, we set out our views on the
The final guidance summarises the provisions of The Railways Infrastructure (Access Management and Licensing of Railway Undertakings) Regulations (Northern Ireland) 2016 (the NI Regulations) and explains the rights and responsibilities of service providers and railway undertakings with regards to access and charging. It also sets out ORR’s interpretation of key provisions, and the process for
ORR’s conclusions on changes to its economic enforcement policy and penalties statement to reflect The Railways (Access, Management & Licensing of Railway Undertakings) Regulations 2016. Outcome of the December consultation Changes to our enforcement policy were required to reflect The Railways (Access, Management and Licensing of Railway Undertakings) Regulations 2016 (the A&M Regulations). The A
This page provides details of our work and publications on developing the framework for Network Rail’s national system operator (NSO) in control period 6 (CP6) as part of the 2018 periodic review (PR18).