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National & regional news

New commercial director of retail for Network Rail
Network Rail has appointed Jonathan Crick to join its property division, as commercial director of retail.

Network Rail to refresh legal panel
Network Rail is inviting a selected list of law firms to tender for a place on its legal panel.

Safety improved as level crossings are renewed
Pedestrians walking towards Bolton-le-Sands level crossing can now do so in safety because Network Rail has built a brand new pavement so they don’t have to walk in the road.

National train performance for period 8 is 88.9%
Period 8 of 2012/13: 14 October 2012 - 10 November 2012
Punctuality on the railways reached 88.9% during period 8, according to monthly performance data released today by Network Rail. The data for Britain's train services covers the period from 14 October 2012 - 10 November 2012. This compares to 89.3% for the same period last year. The moving annual average is now at 91.7%.

Passengers to benefit from investment at Horsham station
A host of improvements which are providing a better experience for thousands of passengers at Horsham station every week have been officially unveiled.

Network Rail half-year results 2012/2013
Financial highlights of the last six months:
- Revenue was £3,167m compared to £2,997m for the same period last year
- Operating profit was £1,226m compared to £1,227m
- Profit after taxation was £573m compared to £136m
- Capital expenditure – the amount invested in the railway over the period – was £2,064m compared to £2,071m
- Net borrowings were £28,043m compared to £27,200m at 31 March 2012

Network Rail appoints new public interest director to its board
Michael O’Higgins, former chairman of the Audit Commission and current chairman of The Pensions Regulator, has been appointed to Network Rail’s board as a non-executive director.

Chance to find out about Christmas Crossrail works in Acton
Major engineering work will take place in Acton over Christmas as part of the construction of a new train underpass needed to improve rail services in the area. A public information session will be held this month so that local residents can find out more about the Christmas works.
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