Thursday 8 Nov 2018
Network Rail secures £2.2bn to provide a better railway for passengers in East Anglia
Network Rail has secured a budget of more than £2 billion to provide a safe and high performing railway for passengers in Cambridge, Norfolk, Suffolk, Essex and East London.
The money will be spent between 2019 and 2024 across the region and will be focused on renewing and maintaining existing infrastructure, meaning fewer delays and improved reliability for the growing number of passengers. The settlement represents more than a 20% increase on the existing five-year budget.
Meliha Duymaz, Network Rail’s route managing director for Anglia said: “This investment will make a real difference to the rail network in the Anglia region. We have seen a huge growth in passengers over recent years and our track, signals, structures and equipment are under more pressure than ever. We have set out plans to use this funding to improve and renew our network to support growing demand and deliver a safe and high performing railway for our customers over the next five years.”
The budget has been set out in the Office of Road and Rail’s (ORR) final determination. This confirms what Network Rail will spend to provide a safe, reliable and efficient railway.
The work will involve replacing ageing infrastructure, installing smarter technology, and improving the resilience of the railway.
The funding is split as follows:
- £950 million to maintain and operate the network;
- £400 million to renew or refurbish nearly a quarter of the track;
- £350 million to improve signalling and level crossings, including major works in Clacton and Cambridge;
- £250 million to renew or repair bridges, embankments, cuttings and structures, including refurbishing the roof at London Liverpool Street station;
- And £200 million to complete renewals of overhead line equipment on the southern end of the Great Eastern main line and undertake similar works across the line out of Fenchurch Street.
Notes to Editors
- For more information on the ORR’s final determination, please go to: http://orr.gov.uk/rail/economic-regulation/regulation-of-network-rail/price-controls/periodic-review-2018/publications/final-determination
- For more information on how money will be spent on Network Rail’s Anglia route between 2018 and 2024, the route’s strategic business plan can be found here: https://www.networkrail.co.uk/who-we-are/publications-resources/strategicbusinessplan/anglia/
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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.
Every day, there are more than 4.8 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.