network rail investment in stations

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Network rail investment in stations

Previously at any one time there were around members in total, drawn from a wide range of industry partners and members of the public. There were two general categories of membership, industry members comprising any organisation holding a licence to operate on the railway or preferred bidder for a railway franchise, and public members who were drawn from the wider stakeholder community.

Members were appointed by an independent panel and served a three-year term. Members had a duty to act in the best interests of the company without personal bias. They received no payments other than travel expenses. That direction must be consistent with the regulatory jurisdiction of the ORR, and with the requirements of its contracts.

The ORR in turn operates within the overall transport policy set by the UK Department for Transport and the Scottish government , including as to what the government wants the railway industry to achieve and how much money the government is prepared to put into the industry.

This means that the degree of government influence and control over the company is higher than it was before these enlargements of the powers and role of the government were introduced by the Railways Act The Office of Rail and Road ORR monitors Network Rail's performance on a continuous basis against targets established by the regulatory authority in the most recent access charges review , against obligations in the company's network licence and against forecasts in its own business plan.

If performance is poor, the company will face criticism and possible enforcement action from its commercial customers under their contracts and from the ORR enforcing the company's network licence. It may also be criticised by its members in general meeting. The Railway Industry Planning Group RIPG , chaired by Network Rail, has as its purpose railway industry input into the structure and development of the national railway strategic planning processes.

Its members are drawn from railway funders, operators and users, [64] and the group meets quarterly to consider: [ citation needed ]. While generally good, the safety record of the company was marred in February when a Virgin express derailed at Grayrigg in Cumbria.

Network Rail admitted responsibility for the incident. The RAIB investigation concluded in that a faulty set of points had caused the derailment. In December two young girls were killed by a train as they were crossing the railway line via a pedestrian level crossing at Elsenham in Essex. The court heard that risk assessments carried out by Network Rail staff in had identified potential dangers with the crossing and recommended the installation of gates that would lock automatically as trains approached, but this was not acted upon.

The principal reason given by the government to the court for this assertion was the decision of the rail regulator in to carry out an interim review of the company's finances, with the potential to advance significant additional sums to the company. Until , there was discussion over whether Network Rail should be classified as a public-sector or a private-sector entity.

Although it was officially a private sector organisation, the fact that its debts were underwritten by the government, and it was partly funded by the government, led to the description of "nationalisation in all but name". The NAO said that as the Government is bearing the risk that would normally be borne by equity capital, and as it can appoint, through the SRA, a director who cannot be removed by members, Network Rail is effectively a subsidiary of the Government-controlled SRA.

Construction of the centre was completed in June There are four buildings connected to a central street, accommodating more than 3, people. As of June [update] , the engineering, logistics, operations including timetable planning, IT, procurement, planning and finance departments, and Route Services Supply Chain operations were all planned to move to the Quadrant. Network Rail organises the Landscape Photographer of the Year competition. Shortlisted photos are displayed at London Waterloo and other major stations.

From Wikipedia, the free encyclopedia. Not to be confused with National Rail. State-owned company that manages rail infrastructure in Great Britain. See also: Railtrack and British Rail. Main article: Financing of the rail industry in Great Britain. See also: Timeline of future railway upgrades in Britain. Main article: Network Rail Control Periods. South West Main Line 4. Wessex Routes. West Anglia 7. Great Eastern. Barking Gospel Oak Richmond Stratford. Fenchurch Street Shoeburyness Southend Central.

East Coast Main Line 9. North East Routes part Bedford Leicester Matlock Skegness. Reading to Penzance part Great Western Main Line part. Great Western Main Line part South and Central Wales and Borders South Wales Valleys North Wales and Borders. North West Urban North West Rural.

Chilterns West Midlands. East of Scotland Highlands part. Highlands part Strathclyde and South West Scotland. See also: Railtrack. Main article: Quadrant:MK. Network Rail. Archived from the original on 11 May Retrieved 8 December Archived from the original on 6 March Retrieved 6 March Network Rail Limited Annual report and accounts Retrieved 24 October Retrieved 29 October Archived from the original on 29 December Retrieved 6 September The Guardian.

Retrieved 12 June BBC News. Archived from the original on 7 March Archived from the original on 10 November The Times. The Daily Telegraph. Archived from the original on 12 March Retrieved 20 May Archived from the original on 17 September Office of Rail and Road.

Retrieved 2 December Office of Rail Regulation. Archived from the original PDF on 27 March Archived from the original on 7 July Retrieved 7 July Archived from the original on 6 October Retrieved 8 October Railway People. Archived from the original on 4 March Retrieved 27 January Retrieved 9 March Archived from the original on 14 May The Financial Times. Archived from the original on 2 March Retrieved 2 March Archived from the original on 25 February Archived from the original on 24 March Archived from the original on 4 February Retrieved 3 February Archived from the original on 30 November Retrieved 24 March Archived from the original on 25 March Archived from the original on 1 September Archived from the original on 26 December Archived from the original on 13 January Archived from the original on 3 December Archived from the original on 28 February Retrieved 27 February Archived from the original on 26 October Retrieved 26 October Archived from the original on 21 January Retrieved 14 December The Press.

York: Newsquest. Archived from the original PDF on 18 February News Releases. Archived from the original on 27 October Archived from the original on 18 April Retrieved 19 April July Archived from the original on 3 April Retrieved 22 December Archived PDF from the original on 25 April Archived from the original on 11 September Retrieved 10 September Archived from the original on 17 August Retrieved 20 September Archived from the original on 25 April Archived from the original on 16 January Retrieved 20 February Archived from the original on 30 March Retrieved 21 March Archived from the original PDF on 7 June Archived from the original on 1 April Archived from the original on 2 April Archived from the original on 2 February London: Network Rail.

Archived from the original PDF on 19 December Archived from the original on 27 January Archived from the original on 10 September Retrieved 19 July Archived PDF from the original on 4 March Archived from the original PDF on 8 December Retrieved 5 July Archived from the original PDF on 5 February Rail Accident Investigation Branch. Archived from the original PDF on 17 October BBC News Online.

Archived from the original on 23 November The Independent. Archived from the original on 29 May Retrieved 6 April They have been developed and revised following extensive consultation with industry, customers and stakeholders. Due to regulatory selling restrictions we can only allow certain categories of investors from certain jurisdictions to access this section of our website Please confirm below if you are one of the following: UK investorUS….

Download our guide for promoters and developers PDF. Third party investors Home Industry and commercial Third party investors. Debt investor relations Due to regulatory selling restrictions we can only allow certain categories of investors from certain jurisdictions to access this section of our website Please confirm below if you are one of the following: UK investorUS….

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Our Open for Business programme is making it easier for other organisations to invest and build on the railway. Because a major rail investment scheme can often be the catalyst to boost economic regeneration in an area; better transport links prompt people to relocate or work there, housing developers build new homes, businesses open and create jobs. Appetite among private companies to invest in our railway is growing as Network Rail strives to become easier to work with.

Meridian Water railway station is one of our privately-funded projects. We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. One of our most high-profile examples of the initiative is a dedicated assisted travel lounge, which opened at Birmingham New Street station in June:.

We offer assisted travel to all passengers who need help getting between trains and the station concourse. Last year, almost 59, people used the service at Birmingham New Street. We estimate the fountains save the equivalent of up to 1, plastic bottles at each location a week.

It followed the installation of more seats at some of our biggest stations, including seats at London Victoria and a new customer seating area at London Euston. Covering an area of m2, the 21m-high floor-to-ceiling glazing will bring to life the striking design of the new exterior of Queen Street. Inside Queen Street, engineers continue work to lengthen platforms four and five by 26m to allow new eight-carriage electric trains to use them. They will reopen on Monday 14 October. We completed the new station roof at Leeds station in September, significantly brightening the concourse — we replace the old, wooden roof with a transparent one.

Meanwhile, the refurbished public toilets reopened in August, and new automatic ticket gates will come into use in late-September. We worked with Transport for Wales last month to install life-saving defibrillators at 21 railway stations across the Wales and Borders route. The new defibrillators are known as public access defibrillators PADs because anyone can use them and they require no training; clear instructions explain how to attach the defibrillator pads.

From July, passengers across Kent, East Sussex and South East London have benefitted from improved journey information after a two-year collaborative effort between Network Rail and train operator Southeastern. New screens provide Southeastern passengers with more information in an easier-to-read format. We have installed new public address PA systems, with higher-quality speakers, amplifiers and microphones.