Economic regulation

Periodic review 2019 (PR19) initial consultation for HS1 Limited

31 January 2018
Consultation outcome Following careful review of the consultation responses, along with our continued engagement with stakeholders, we have developed the following approach document, which also sets out the process and timescales for our periodic review. ORR approach to PR19 Published 31 January 2018 Consultation responses We received 7 responses to our initial consultation from stakeholders. We

UK rail industry financial information 2016-17

17 January 2018
18 January 2018 The UK rail industry financial information 2016-17 presents ORR’s analysis of the rail industry’s finances. Key findings include: £9.7bn of rail funding came from passenger fares, an increase of 1.1% from 2015-16. £3.4bn came from government funding (net), a decrease of 0.7% since 2015-16. Governments received £0.7bn net from train companies. This is because while companies

Working paper 7: Collaborative working on the rail network

24 November 2017
In November 2017, we published working paper 7. This discussed how incentives for collaborative working between train operators and Network Rail could be strengthened. Following its publication, we held a number of discussions with stakeholders to inform our thinking on this issue. We also received 12 responses to this working paper which are available here. We are grateful to all those who

Working paper 6: The volume incentive

24 November 2017
Date published: 30 November 2017 Consultation closing date: 25 January 2018 Conclusions published: 24 May 2018 The volume incentive was designed to encourage Network Rail to make additional capacity available in response to unexpected demand from operators to use the network. In November 2017, we published Working Paper 6: The Volume Incentive. In the paper, we set out our views on the
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