McNulty calls for substantial rail savings

Hammond: train operators are too focussed on franchise specifications

Hammond: train operators are too focussed on franchise specifications

Sir Roy McNulty's review of the rail industry has suggested that significant cost savings could be made around the network through more effective partnership working.

The value for money review of the nation's railways has reached, what transport secretary Philip Hammond termed, "some important interim conclusions".

McNulty's report has found:

The railway is costing more than it used to and more than it ought to. Greater efficiency would realise savings of between £600m and...