Investors

Periodic reviews are one of the principal mechanisms by which ORR holds Network Rail to account, and secures value for money for users and funders of the railway.

'Costs and revenues of franchised passenger train operators in the UK' compares for the first time the expenditure of the 19 franchised Train Operating Companies (TOCs),

As the safety and economic regulator of the rail industry and Highways England’s monitor, we work with a number of organisations in the railway industry.

The rail infrastructure in the UK is complex and comprises of a number of different bodies. We are the health and safety regulator for the UK’s mainline network and for a number of other forms of transport that run on rail.

Independent reporters provide professional advice to the ORR on the quality of Network Rail's service provision, as specified in its licence.

We hold network rail to account for delivering what it promised – at the amount it agreed to do it for – and we require it to meet its obligation to provide a safe, high-performing, and efficient railway.