Network Rail - Network Rail Planned Demise - D

Network Rail - D
 
Network Rail Planned Demise
 
In May 2021, the Government announced that Network Rail is to superseded by a new body, Great British Railways, in 2023.
 
Network Rail Funding
 
Network Rail is a not-for-profit organisation. The majority of funding comes from a mix of direct grants and borrowing from the UK and Scottish Governments, payments from train and freight operators and a small amount of income from commercial property estate.
 
Network Rail works in five-year funding cycles called "Control Periods" (CP for short). The government specifies what is needed from Network Rail and sets out how much the government can afford to contribute. The Office of Rail and Road (ORR) then sets the level of fixed income that Network Rail is allowed to charge and assesses the amount of money needed by Network Rail to run efficiently. The last Control Period ran from 2014 to 2019, 1 April 2019 was the start of Control Period 6.
 
In 2019, government funding for train operating companies amounted to £4.1 billion, paying access charges to use the rail network, £2.1 billion and freight £58 million. In 2019, it spent £3.1 billion on renewals (restoring existing infrastructure back to how it was when new) and £3.2 billion on enhancements, with the rest spent on maintenance and other costs.
 
Network Rail Assets
 
Network Rail Infrastructure
 
Network Rail covers 20,000 miles of track, and 30,000 bridges, tunnels and viaducts. They claim to run the world's largest third rail network.
 
In February 2004, an operations centre at Waterloo station in London was opened, which was operated jointly by Network Rail and South West Trains. This was the first full collaboration of its kind since privatisation, and it is regarded as a model for other areas of the network, with a further six integrated Network Rail + TOC Control Centres having opened since then, at Blackfriars, Croydon (Leading Control for Thameslink), Swindon, Birmingham New Street, Glasgow and, most recently, Liverpool Street and South Wales based in Cardiff Canton.
 
Track renewal, the ongoing modernisation of the railway network by replacing track and signalling, continues to be carried out by private engineering firms under contract. The biggest renewals projects include the multibillion-pound upgrade of the London - Glasgow West Coast Main Line, which was completed in 2008, the Thameslink Programme to upgrade the north-south railway through London and work on the part of Crossrail which is operated by Network Rail. A line closure for engineering or renewal works is known as a possession.
 
Network Rail has an internal infrastructure database known as GEOGIS. The system uses codes for four-digit Track IDs to identify which line at any location is referred to. The first number refers to track direction, with values of 1 (Up), 2 (Down), 3 (Reversible/Bi-directional), or 4 (Merry Go Round Loop). The second number refers to track use, which can be 1 (Main or Fast), 2 (Slow, Local or Relief), 3 (Goods), 4 (Single line), 5 (Loop), 6 (Terminal or Bay), 7 (Crossover), 8 (Other or Engine), or 9 (Single Siding). The third and fourth numbers refer to the track number, which can be any number from 00 to 99 inclusive, and are usually numbered sequentially.
 
In 2006, Network Rail made public a high-tech plan to combat the effects of slippery rail. This plan involves the use of satellites for tracking trouble areas, water-jetting trains and crews using railhead scrubbers, sand sticks and a substance called Natrusolve, which dissolves leaf mulch.
 
Network Rail Overview
 
Network Rail Type: Government-owned company/non-departmental public body
(incorporated as a private company limited by guarantee without share capital)
Network Rail Industry: Rail infrastructure and asset management
Network Rail Predecessor: Railtrack
Network Rail Founded: October 2002, 21 years ago
Network Rail Successor: Great British Railways (from 2024)
Network Rail Headquarters: 1 Eversholt Street
London
NW1 2DN
Network Rail Key People:
Lord Hendy of Richmond Hill (chairman)
Andrew Haines (CEO)
Ric Scott (Highland Area LOM)
Network Rail Products: Public transport
Network Rail Revenue: £6.6 billion (2019)
Network Rail Owner: HM Government (Department for Transport)
Network Rail Number of Employees: 42,099 (2020)
 
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