Monday 16 Jul 2012
NETWORK RAIL RESPONDS TO GOVERNMENT RAIL INVESTMENT ANNOUNCEMENT
- Region & Route:
- National
David Higgins, Network Rail chief executive, said: “Today the government has issued a strong vote of confidence in the railway, and in our ability to deliver sustainable economic growth through development of, and investment in, the network. It is also a vote of confidence in the success of rail over the last decade, with over one million more trains per year with half a billion more passengers, at record levels of safety, punctuality and satisfaction.
“We do not underestimate the task laid down for us, but we will work alongside industry partners in the Rail Delivery Group to respond with a suitable plan. There are some tough targets, made even more challenging with the need to deliver record numbers of services on essentially Victorian infrastructure. That is why the pledge to invest billions of pounds in projects to improve, update and transform our railway is not only welcome but essential. Alongside this we will continue to deliver the highest possible levels of safety and performance across the network, while reducing costs for the remainder of this control period and the next.”
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About Network Rail
We own, operate and develop Britain's railway infrastructure; that's 20,000 miles of track, 30,000 bridges, tunnels and viaducts and the thousands of signals, level crossings and stations. We run 20 of the UK's largest stations while all the others, over 2,500, are run by the country's train operating companies.
Usually, there are almost five million journeys made in the UK and over 600 freight trains run on the network. People depend on Britain's railway for their daily commute, to visit friends and loved ones and to get them home safe every day. Our role is to deliver a safe and reliable railway, so we carefully manage and deliver thousands of projects every year that form part of the multi-billion pound Railway Upgrade Plan, to grow and expand the nation's railway network to respond to the tremendous growth and demand the railway has experienced - a doubling of passenger journeys over the past 20 years.
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