Economic regulation

GB rail industry financial information 2013-14

9 February 2015
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GB rail industry financial information 2013-14 presents ORR's analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: Passenger income was £8.2bn in 2013-14, a real terms increase of 3.5% from 2012-13. This is partly attributable to a 5.7% increase in the number of passenger journeys. Passenger income represents ticket income from passenger

Train operating companies financial statements

26 January 2015

Content archived on 2 August 2022

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This page was last updated in 2014. Please visit Companies House for train operating company financial statements. As part of our efforts to increase transparency of the rail industry's finances, we have provided copies of the statutory financial statements that train operating companies have filed with Companies House. Note that due to differences in year-ends and other reasons explained in our

Review of ORR’s economic enforcement policy and penalties statement

5 December 2014

Content archived on 20 August 2020 - Superseded by Holding Network Rail to account

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ORR's economic enforcement policy and penalties statement explains our policy for enforcing licences (Network Rail and industry operators). It sets out in detail what powers we have to enforce compliance with the licence. It also sets out the remedies available to us if licence holders are not compliant and how we will decide whether and when to use them.

Analysis of Network Rail's historic income and expenditure

29 September 2014
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This analysis provides information about Network Rail's historic income, expenditure and efficiency. The information is for Great Britain and where possible England & Wales and Scotland separately. More detail about Network Rail income and expenditure can be found in its regulatory accounts, which are available on Network Rail's website. Historic expenditure OMR expenditure in Great Britain Table

Route-level efficiency benefit sharing (REBS) mechanism

16 April 2014
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The route level efficiency benefit sharing (REBS) mechanism was designed to encourage Network Rail and train operators (passenger and freight) to work together and allow both to share in Network Rail's efficiency gains or losses on an annual basis.

GB rail industry financial information 2012-13

15 April 2014
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GB rail industry financial information 2012-13 presents ORR's analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: Passenger income was £7.7bn in 2012-13, a real terms increase of 3.6% from 2011-12. This is partly attributable to a 2.9% increase in the number of passenger journeys. Passenger income represents ticket income from passenger

Setting the financial and incentive framework for Network Rail in control period 5 (CP5)

31 January 2014
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This page sets out details of our document periodic review 2013: setting the financial and incentive framework for Network Rail in CP5, which we published on 1 May 2012. In 2011, we published the following consultations which covered issues relating to the financial and incentive framework for control period 5 ( CP5 ): our first consultation on PR13, 25 May 2011; consultation on the potential for

On the Move: making sense of car and train travel trends in Britain

22 January 2014
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In early 2012, the Office of Rail Regulation, in conjunction with the Independent Transport Commission, the RAC Foundation and Transport Scotland, co-sponsored a study on car and rail traffic trends in Great Britain. The study, based on National Travel Survey data from 1995 – 2007, investigated behaviour changes and other factors which may be causing a leveling off in car traffic and sustained

GB rail industry financial information 2011-12

22 January 2014
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GB rail industry financial information 2011-12 presents ORR's analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: Passenger income was £7.2bn in 2011-12, an increase of 8.7% from 2010-11. This is partly attributable to a 7.2% increase in the number of passenger journeys. Passenger income represents ticket income from passenger journeys as

GB rail industry financial information 2010-11

22 January 2014
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'GB rail industry financial information 2010-11' presents ORR's analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: Total rail industry costs were £11bn in 2010-2011 – 52.5% of costs were incurred for operating and maintaining the rail network and 47.5% in operating trains. The majority of these costs were covered by income from passenger