Network Rail News Page 54
Railway Heritage Trust awarded funding to 2019
Network Rail and the Railway Heritage Trust can announce today that Network Rail has decided to continue its sponsorship of the Trust at its present level until 31 March 2019.
£374m upgrade boost for Britain
Bigger freight trains have started full operations between Southampton and the West Midlands following the completion of a multi-million pound rail upgrade, providing a welcome £374m* boost for the economy and helping to keep down the cost of everyday goods in shops across Britain.
Network Rail executive incentive scheme approved
Network Rail’s new executive incentive scheme was approved today following an extensive and through examination by Members (Network Rail’s equivalent to shareholders) at a general meeting in London.
Network Rail electrification gathers pace
Plans to electrify major routes including the Great Western to Cardiff are gathering pace as Network Rail issues a tender for machinery and plant to install overhead power lines quickly and efficiently.
Network Rail reforms contracting strategy
Network Rail is radically overhauling the way it works with suppliers to deliver £6bn of rail projects as it seeks to reduce costs and generate better value from its major investment programme.
Atkins wins Network Rail contract
Network Rail has awarded a major contract to Atkins Ltd to design the bulk of works planned on the north-east section of the Crossrail route, between Stratford in east London and Shenfield in Essex.
Network Rail reports record high
Train punctuality for February reached a record high of over 92% - the best February figure on record, according to Network Rail.
UK train performance hits record high for February
Train punctuality for February reached a record high of over 92% - the best February figure on record.
London Overground Rail Services resume after successful upgrade
The multi-million pound upgrade of the London Overground network is close to completion following the successful commissioning of new signalling equipment, which will allow more trains to run on the line connecting Richmond and Clapham Junction with Stratford.
Network rail welcomes the start of HS2 Consultation
David Higgins, Network Rail chief executive, said: “HS2 is a vital infrastructure project of national importance. It will be a hugely significant enhancement to the national rail network and will unlock tremendous capacity to tackle, what will be by 2024, critical overcrowding on the West Coast Main Line.
UK train performance bounces back
Train punctuality has bounced back to over 90% on time following the difficult winter conditions of December.
ATOC responds to Network Rail announcement on restructuring
In response to Network Rail’s announcement that it will be creating a number of new, devolved businesses, Michael Roberts, Chief Executive of the Association of Train Operating Companies, said: