Economic regulation

Here you can view the objectives and criteria which we will use to evaluate the success of the periodic review 2013 (PR13), the multi-billion pound plan for improving Britain's railways between 2014 and 2019.

This page sets out details of our document periodic review 2013: setting the financial and incentive framework for Network Rail in CP5, which we published on 1 May 2012. In 2011, we published the following consultations which covered issues relating to the financial and incentive framework for control period 5 ( CP5 ): our first consultation on PR13, 25 May 2011; consultation on the potential for

The rail Value for Money (VfM) study commissioned a number of consultants' reports to inform its thinking. This page provides links to copies of these reports. While these reports were commissioned by the Department for Transport (DfT) and the Office of Rail Regulation (ORR), the findings and recommendations are those of the authors and do not necessarily represent the views of the DfT and the ORR

In early 2012, the Office of Rail Regulation, in conjunction with the Independent Transport Commission, the RAC Foundation and Transport Scotland, co-sponsored a study on car and rail traffic trends in Great Britain. The study, based on National Travel Survey data from 1995 – 2007, investigated behaviour changes and other factors which may be causing a leveling off in car traffic and sustained

GB rail industry financial information 2011-12 presents ORR's analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: Passenger income was £7.2bn in 2011-12, an increase of 8.7% from 2010-11. This is partly attributable to a 7.2% increase in the number of passenger journeys. Passenger income represents ticket income from passenger journeys as

'GB rail industry financial information 2010-11' presents ORR's analysis of the latest financial data from train operators, Network Rail and governments. Key findings include: Total rail industry costs were £11bn in 2010-2011 – 52.5% of costs were incurred for operating and maintaining the rail network and 47.5% in operating trains. The majority of these costs were covered by income from passenger

'Costs and revenues of franchised passenger train operators in the UK' compares for the first time the expenditure of the 19 franchised Train Operating Companies (TOCs),