Network Rail has published detailed delivery plans for investment during Control Period 6 (CP6).
Building on the Strategic Business Plan released last year, the delivery plans reveal how Network Rail will invest £42 billion during the next five years to improve reliability and performance in the five years from April 2019.
The delivery plans place a particular focus on the issues that matter to passengers and freight users, which should ensure these journeys improve.
Collaboration is important too; Network Rail’s delivery plans have been formulated at a local level, with individual regions all having control of their own budgets, after speaking to people in their local areas to find out the most pressing issues.
After the Office of Rail and Road (ORR) approved the CP6 investment plans through the final determination, Network Rail’s delivery plans provide greater detail about how the money will be spent.
Network Rail’s plans for the next five years focus on four key responsibilities – to run a safe, reliable, efficient and growing railway, with targets related to each of these.
This £42 billion investment forms part of the total government funding available, which is £53 billion. England and Wales will benefit from £48 billion from the Department for Transport, while Scotland will receive £5 billion from Transport Scotland.
The total money includes funding for enhancements, comprising schemes from Control Period 5, as well as new and upcoming projects for CP6.
Detailed spending and delivery plans are available for all regions too, outlining just how and where the money will be spent.
Andrew Haines, Chief Executive of Network Rail, said: “We are investing in the biggest modernisation of our rail network in over a century, spending a record £48 billion on the network’s infrastructure in England and Wales between 2019 and 2024, including funding for vital enhancements.
“By improving trains, tracks and stations right across the country, we will deliver more reliable, frequent and comfortable journeys for passengers and better connect our communities.”