We regulate Network Rail’s stewardship of the rail network: for funders, train companies and their passengers, freight operators and their customers and taxpayers.
• Industry must retain a relentless focus on safety throughout rail reform. • Financial constraints on Network Rail require careful management in the coming years. • Network Rail is taking action where train performance needs to improve. Passenger train punctuality is largely stable, but cancellations have reached record highs, with train operator cancellations the dominant factor.