PARLIAMENTARY WRITTEN QUESTION
Network Rail: Finance (14 October 2024)

Question Asked

To ask the Secretary of State for Transport, how much and what proportion of the Control Period 7 funding settlement remains available to Network Rail; and if she will take steps to ensure that total funding level remains the same for the next financial year.

Asked by:
Dr Kieran Mullan (Conservative)

Answer

The full regulated Control Period 7 funding settlement, as outlined in the Delivery Plan, remains available to Network Rail. The phasing of spend is subject to annual update of the Delivery Plan for the 5 year period as led by Network Rail working in conjunction with the regulator and Government.


Answered by:
Simon Lightwood (Labour)
22 October 2024

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