Rail industry plan lays foundations for the future
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Rail industry plan lays foundations for the future
type Press release
The rail industry today set out a plan to deliver government priorities for rail and respond to the challenge to provide a better value railway for Britain and help drive economic growth.
Responding to governments’ plans for the 2014-19 funding period, published in July 2012, the industry’s strategic business plan marks the culmination of a period of extensive cross-industry working to set out a long-term vision for rail in Britain.
The plan includes a programme of investment which will fund critical new infrastructure required to increase the capacity, capability and cost-effectiveness of Britain’s railway in the face of increasing growth in passenger and freight.
Paul Plummer, group strategy director, Network Rail, said: “Britain’s railways are booming, with more people and businesses choosing rail than ever before and passenger satisfaction at record levels. As a business and as an industry we are better placed than ever before to understand what needs to be done to build on this success and create a better railway which meets the needs of customers in a sustainable way.”
Michael Roberts, chief executive of the Association of Train Operating Companies (ATOC), said: "We aim to build on today’s near record levels of customer satisfaction by combining the best of the public and private sectors to provide newer trains, quicker journeys and more seats. Early clarity from Government on the franchising and regulatory framework for rail will be vital in allowing train companies, Network Rail and our suppliers to deliver the best possible deal for passengers and taxpayers."
Lindsay Durham, chair of the Rail Freight Operators’ Association said: “The Government has continued to demonstrate its support for rail freight with a commitment to further investment in key freight corridors in Control Period 5. The rail industry is determined to match this commitment by increasing the modal share of freight moved by rail, delivering environmental and economic benefits to the UK. Building on efficiency gains already achieved, continuing to improve customer service and investing further in rolling stock and terminals will all contribute to these aims. The Industry Strategic Business Plan will deliver industry agreed forecasts to increase rail freight tonnage moved by 4% per annum until 2030.”
Jeremy Candfield, director-general, Railway Industry Association, said: “This plan is not more of the same; it marks a shift to a fundamentally different railway. Suppliers are working with the other industry parties to seek to ensure that it is delivered as efficiently and cost-effectively as possible.”
The rail industry’s vision for rail in Britain sets out six strategic goals which it will work together to achieve in the years ahead:
o Passenger satisfaction levels of at least 90%
o Capacity for approximately twice as many passengers, with reduced journey times and better connectivity
o A more attractive offer for freight, resulting in higher customer satisfaction and increased rail modal share
o Levels of reliability and safety among the best in Europe
o A financially sustainable railway, through improved efficiency and revenue generation
o Reduced carbon dioxide emissions in support of national targets
o To help deliver this vision, a £37bn programme of investment in Britain’s railway infrastructure will be carried out during the 2014-19 period, known as control period 5 or CP5. Network Rail will deliver this work alongside partners from across the industry. Some of the highlights include:
o Removing the biggest bottleneck on the Great Western Main Line by rebuilding the railway in and around Reading station (£900m)
o Completing the redevelopment of Birmingham New Street station (£600m)
o Delivering the Northern Hub project (£560m) which creates 20,000 jobs and increases rail capacity across the north of England by 700 services per day
o Electrifying over 850 miles of railway including the Great Western and Midland Main Lines and introducing new, more reliable and quicker trains
o Starting to build Britain’s high speed railway network to relieve the huge capacity constraints on the West Coast Main Line
o Connecting Oxford with Bedford and Milton Keynes as part of the East West Rail project, which will provide a new, electrified railway linking the Great Western, West Coast and Midland main lines.
o Reconnecting the border towns of Scotland with Edinburgh by reopening 31 miles of railway closed by Beeching in the 1960s (£300m Borders rail project)
o Improving the route between Aberdeen and Inverness resulting in better commuter services and a new station at Kintore.
o Electrifying the Great Western Main Line to Swansea
o Electrifying the Cardiff Valley lines
o Major resignalling work bringing more reliable services in the north of the country between Flint and Llandudno
o Adding 20% more seats into London in the morning peak
o Completing the Thameslink upgrade programme (£6bn)
o Undertaking the biggest and most complicated station rebuilding and remodelling ever on our railway, at London Bridge
o Completing the Crossrail project (£2.3bn)
o £200m investment in the Strategic Freight Network which will help cater for growth of 30% in rail freight tonnage by 2019
Notes to editors
The rail industry's strategic business plans for England & Wales and Scotland can be found here, along with a number of supporting documents: www.networkrail.co.uk/sbp
Railhub Archive ::: 2013-01-08 NET-007