Network Rail regulation
Network Rail is the monopoly owner and operator of the railway network, including track, signalling, bridges, tunnels and stations. We regulate Network Rail's stewardship of the rail network for the long term – for investors, train companies and their passengers, freight customers and the taxpayer.
We hold Network Rail to account for delivering what it promised – at the amount it agreed to do it for – and we require it to provide passengers with a punctual, reliable service.
Periodic review 2018 (PR18)
At the heart of the review is our assessment of what Network Rail must achieve from 2019 to 2024, the funding it requires for this, and the incentives needed to encourage delivery and outperformance.Find out more about PR18