Date: 06/10/2022
The Office of Rail and Road (ORR) has today published its annual assessment of Network Rail's efficiency and wider financial performance for 2021-2022, alongside the findings of a review into employment costs in the rail industry.
ORR found the infrastructure managers delivery of efficiencies remains good, with Network Rail reporting £840 million of efficiency improvements for the year, ahead of its £830 million target. Network Rail has now delivered £1.9 billion of efficiency improvements across the first three years of Control Period 6 (2019-2024).
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