McNulty study identifies how to reduce rail costs by £1bn/year

The McNulty study into rail industry value for money has identified ten principal barriers to efficiency in the GB rail industry along with solutions to overcome them. The study’s final report, published May 19 puts forward a wide range of recommendations focused on creating an industry environment which encourages cost reduction, changes which deliver new efficiencies, and mechanisms to drive implementation. The study estimates that implementing these recommendations could deliver...