Skip to main content

Railways: Expenditure

Question for Department for Transport

UIN 9872, tabled on 10 September 2015

To ask the Secretary of State for Transport, by what mechanisms he is permitted to reduce the Control Period 5 spending levels for the railway set by the Office of Rail and Road's Final Determination, published on 10 April 2014.

Answered on

15 September 2015

The periodic review 2013 settlement set the outputs and the funding requirement for Control Period 5 that Network Rail is required to deliver to. The Secretary of State has overall responsibility for administering two of Network Rail’s sources of cash: the network grant for England and Wales, which is set in line with the funding requirements set by the periodic review settlement, and the loan agreement signed on 4 July 2014. The Government remains committed to providing the funds agreed and seeing Network Rail’s ambitious programme delivered.

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.