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24 Nov 15
The Department for Transport has improved its management of rail franchises following the collapse of West Coast intercity deal in 2012, but new risks are emerging due to delays and the rising costs...
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20 Nov 15
Rail users will pay for failures to effectively plan investments in the network, which has led to “staggering and unacceptable” cost increases on the Great Western electrification project...
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6 Nov 15
The government’s £757.1m sale of its stake in cross-Channel rail operator Eurostar did not cover the costs of public sector investment in the company and was driven by a desire to sell prior to the...
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19 Oct 15
A leading rail operator has called for the current franchise system to be scrapped on some lines and replaced with licensing regime that could raise money for taxpayers.
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30 Sep 15
Work to electrify trans-Pennine rail routes is to resume under plans to reboot Network Rail’s upgrade programme.
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23 Sep 15
A government review is considering reforms to the state-owned rail company, including possible privatisation. There are a number of options that the study must consider.
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16 Sep 15
The Treasury is to receive £150m in premium payments under a 29-month extension of the East Midlands Trains rail franchise announced today.
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9 Sep 15
Plans to build 11 new platforms at Euston station as part of the High Speed 2 scheme have been set out by the project developers as part of a regeneration of the site.
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18 Aug 15
Most rail fares are to rise by 1% in 2016 after the Retail Prices Index figure for July 2015 was published by the Office for National Statistics today.
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11 Aug 15
The government has reiterated its commitment to a new high speed TransNorth rail link, despite rail electrification projects in the region being scaled back.
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10 Aug 15
Network Rail has been fined £2m after being found to be in breach of its licence by the rail watchdog following disruption to services in both London and Scotland.
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25 Jun 15
Transport Secretary Patrick McLoughlin has scaled back the government’s £38bn rail investment programme, suspending electrification work in the North and Midlands.
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12 Jun 15
Regulators have launched an investigation into the performance of government-owned Network Rail after finding it had failed to meet a series of targets in its multi-billion pound upgrade programme.
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17 Mar 15
Costly failures such as the government’s botched award of the West Coast mainline franchise will continue unless there is an ‘honest appraisal’ of the skills gaps in the civil...
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4 Mar 15
The government is to sell its entire interest in Eurostar for £757m, the Treasury has announced.
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17 Dec 14
A decision by the Department for Transport to centrally procure trains for the East Coast, Great Western and Thameslink lines has left taxpayers bearing all the risk of a £10.5bn programme, the...