The Office of Rail and Road has announced plans to regulate Network Rail on a route basis from Control Period 6, which is due to run from 2019/20 to 2023/24. “This move to route-level regulation will encourage closer working between Network Rail and train operators, and increase the role of local funders,” said John Larkinson, the ORR’s director of railway markets and economics. “It will allow us to make more use of comparison between routes when we assess the...
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