Network Rail had missed 30 out of its 84 planned Office for Rail and Road (for England & Wales) by the end of 2014/15, the first year of the new control period, CP5 (2014-19), according to the Office for Rail and Road (ORR).
The not-for-profit infrastructure company is committed to delivering over £12bn of enhancement expenditure during CP5. The ORR says NR was expected to be £234m over budget, and to have underperformed its regulatory targets by...
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