Region detail

The interim results for the half year to 30 September 2011 mark the mid-point of the five-year settlement running to 2014.
Network Rail remains broadly on course to meet its tough efficiency challenge and thus its commitment to drive down the cost of the railway.
Network Rail’s running costs are, in real terms, over £300m lower in the first six months of the financial year than the prevailing costs back in 2008-9, when the efficiency challenge was set. The forecast is to achieve over £700m of savings by the end of the year.