Funding for new rail enhancements in England could be severely constrained in the next decade, the Office of Rail and Road (ORR) has warned.
The message comes in the ORR’s initial consultation on the next periodic review, which will set Network Rail’s funding for Control Period 6 (CP6), covering 2019/20-2023/24.
The ORR notes that NR chairman Sir Peter Hendy’s review of the troubled CP5 enhancement programme has shifted “several billion pounds” of projects into...
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