Economic regulation

This page contains details of the Office of Rail and Road’s (ORR’s) work in informing its input into the second Road Investment Strategy (RIS2) 2020/21-2024/25. A key aspect of ORR’s role as Highways Monitor is to provide advice to the Secretary of State for Transport in relation to draft Road Investment Strategies – and in particular, whether the Strategies set for Highways England are both

This page contains our PR18 glossary, explaining terms used in PR18 documents, and other explanatory documents.

Date published: 7 June 2016 On 18 May 2016, we published our initial consultation on the 2018 periodic review (PR18). This set out our proposal to regulate Network Rail at route-level, alongside a tailored approach to regulating Network Rail’s system operation functions. In support of developing the detailed policy framework for this, we published a working paper exploring how route level

Date published: 7 June 2016 On 18 May 2016, we published our initial consultation on the 2018 periodic review (PR18). This set out our proposal to focus our regulation on Network Rail’s system operation functions and its devolved routes. In support of developing the detailed policy framework for system operation, we published two working papers: Working paper 2: This set out our initial views on

This page sets out the timetable, process and explanation of PR18's key elements.

This page sets out all our PR18 publications, including consultations, notices and reports.

GB rail industry financial information for 2014-15 presents ORR’s analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: In 2014-15, the rail industry had income of £13.5 billion. Most of this was from passengers (71%), with governments providing 26% of funding. Other sources of income, such as property, provided 3%. After adjusting for

Passenger rail: Trends and comparisons for franchised operators sets out our analysis of trends in the franchised passenger rail industry and compares the costs and revenues of franchised operators, in the context of the service they provide between 2001 and 2014 .