Economic regulation

The Office of Rail and Road (ORR) has today published its annual assessment of Network Rail’s efficiency and wider financial performance for 2021-2022, alongside the findings of a review into employment costs in the rail industry.

The Office of Rail and Road has launched its consultation asking stakeholders to provide their views on the processes and approach to the next periodic review (PR24) of HS1 Ltd.

The Office of Rail and Road’s annual assessment of how Network Rail engages with its stakeholders shows a strong performance in the past year, but overall satisfaction has dipped slightly.

The Office of Rail and Road (ORR) will allow the infrastructure manager of Phase One of High Speed 2 (HS2 Phase One) to levy an Investment Recovery Charge (IRC) on future rail users of the network, the regulator has announced today. The amount and nature of the charge will be subject to future assessment.

The Office of Rail and Road’s (ORR) annual assessment of HS1 Ltd highlights concerns over how the company is managing its asset renewals.