Rail Value for Money study

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The Value for Money Study was commissioned jointly by the Department for Transport and the Office of Rail Regulation.

The Study's final report puts forward a wide range of recommendations focused on creating an industry environment which encourages cost reduction, changes which deliver new efficiencies, and mechanisms to drive implementation. The Study estimates that implementing these recommendations could deliver savings between £700 million and £1 billion annually by 2019.

Download the Value for Money PDF reports

Download the Value for Money Word reports

Further information