The Office of Rail and Road (ORR) is exploring how the rail industry’s incentive regime can be reformed to reflect the impacts of delays on train operators, passengers and freight customers.
Schedule 8 payments pass between Network Rail and train operators for delays that have been attributed to them. Network Rail also pays Schedule 4 compensation to operators for possessions – railway closures for engineering. In 2014/15, Network Rail made net payments of more than £100m to...
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