It’s All Go at Network Rail
From re-structure plans giving more power to Scotland to talk of privatising parts (or a lot) of the Railway, when we say it’s all go at Network Rail, we mean going, going, will it be gone?
Starting with the re-structure, Network Rail is planning to create eight separate routes throughout the UK devolved into eight businesses. The Scottish arm will be the first to be given more power over it’s operations. The other routes could be London North Eastern and the East Midlands, London North Western, Western; Wessex, South East, Anglia and Wales. Under the new Network Rail structure, there will be three divisions: the new route services directorate; the Digital Railway Group; and the Infrastructure Projects division, which makes decisions on upgrades and enhancements programmes.
Also, since the release of ‘The Shaw Report’ that discussed the potential for privatisation, this now seems to be the buzz word in the industry, with support coming from Alex Hynes of Northern Rail and Philip Hoare of Atkins Transportation. The idea for Network Rail to continue with ambitious plans, such as the majority of works outlined in CP5, means it may not be able to survive without outsider investment.
All this along with yesterday’s announcement that the Government has agreed for Network Rail to sell assets to re-invest in the infrastructure, albeit with a value for money assessment first, this could be the start of a whole new industry operation with Network Rail having less and less control and ownership. Where will it end for Network Rail?
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