Office of Rail & Road news – Page 3
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Rail Business UKGrand Union’s Carmarthen to London service approved
UK: The Office of Rail & Road has approved Grand Union Trains’ plans to launch an open access passenger service between London and southwest Wales using bi-mode trains with a high-quality interior including 2+1 seating in standard class. On December 1 ORR announced that it had ...
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Rail Business UKRail industry finances showed signs of recovery in 2021-22
UK: The rail industry’s finances showed signs of recovery from the effects of the pandemic in the last financial year but passenger revenue remained well below pre-pandemic levels, according to the latest statistical report from the Office of Rail & Road. The Rail Industry Finance report ...
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Rail Business UKPassenger numbers at UK’s busiest station still less than half of pre-pandemic levels
UK: London Waterloo has regained its status as the most used National Rail station according to estimates for the 2020-21 financial year, although usage was less than half that recorded in the last year before the coronavirus pandemic. The Office of Rail & Road’s estimates for ...
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Rail Business UKRail pay and conditions are favourable against market comparators, study finds
UK: Pay and conditions in the rail industry are typically favourable when compared to market comparators, owing to working hours, defined benefit pension options and high levels of trade union membership, according to a report published by the Office of Rail & Road. ORR commissioned the ...
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Rail Business UKORR finds Network Rail exceeded planned efficiency improvements
UK: Network Rail achieved £840m of efficiency improvements in 2021-22, ahead of the £830m target for the year, according to an annual assessment of its efficiency and wider financial performance published by the Office of Rail & Road. The infrastructure manager has delivered £1·9bn of efficiency ...
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Rail Business UKRegulator asks for views on next periodic review of HS1 Ltd
UK: The Office of Rail & Road has launched a consultation asking stakeholders to provide views on the processes and approach to the next periodic review of high speed line concessionaire HS1 Ltd. ORR is required by law to approve HS1 Ltd’s plans and charges for ...
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Rail Business UKNetwork Rail maintains good stakeholder engagement, ORR finds
UK: The Office of Rail & Road says its annual assessment of how Network Rail engages with its stakeholders shows a strong performance in the past year, although overall satisfaction has dipped slightly. ORR assessed how well Network Rail performed against four principles of good stakeholder ...
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Rail Business UKNetwork Rail needs to change depot plant asset management
UK: Consultancy Frazer-Nash has undertaken a review of Network Rail’s depot plant asset management systems on behalf of the the Office of Rail & Road, looking at whether effective systems are in place to ensure that depot plant is maintained, renewed and upgraded. Frazer-Nash concluded that ...
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Rail Business UKHS2 infrastructure manager will be able to levy Investment Recovery Charge
UK: The Office of Rail & Road has ruled that the future infrastructure manager for the London to West Midlands Phase One of High Speed 2 will be able to levy an Investment Recovery Charge on future operators using the line. An IRC is an exceptional ...
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Rail Business UKHigh Speed 1 renewals concerns raised
UK: The Office of Rail & Road has expressed concern over how high speed rail infrastructure concessionaire HS1 Ltd is managing asset renewals. ORR’s annual operational and financial performance assessment of HS1 Ltd for the year to March 31 2022 found a good safety record and ...
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Rail Business UKORR publishes documents on future rail regulation
UK: The Office of Rail & Road has published three documents relating to the 2023 periodic review which will determine Network Rail’s outputs and funding for Control Period 7 (2024-29) and will in the future apply to Great British Railways, along with its response to the ...
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Rail Business UKORR seeks feedback on Investment Framework update
UK: The Office of Rail & Road is seeking feedback on its plans to modernise and simplify its Investment Framework. Originally published in 2006 and last updated in 2010, the Investment Framework contains ORR’s policy and guidelines and sets out the legislation and processes for anyone ...
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Rail Business UKORR launches RM3 health and safety learning platform
UK: The Office of Rail & Road has launched an online learning platform to assist health and safety professionals in gaining a further understanding of how to use the rail industry’s Risk Management Maturity Model. The e-learning platform designed by Premier IT went live on June ...
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Rail Business UKCompensation after FirstGroup delay repay problems
UK: FirstGroup is to compensate passengers who were affected by an IT error which wrongly rejected claims for train delay repay compensation. When a passenger submits a delay repay claim to the wrong train company, the claim should be redirected to the appropriate operator for processing. ...
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Rail Business UKRidership doubles year-on-year but still down on pre-pandemic levels
UK: The Office of Rail & Road reports that 990 million rail journeys were made in Great Britain between April 1 2021 and March 31 2022, more than double the 388 million journeys in 2020-21 when the pandemic caused figures to fall to the lowest levels ...
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Rail Business UKPassenger rail performance down but better than pre-pandemic
UK: Passenger rail performance worsened in January to March 2022 but punctuality was still better than before the pandemic, according to the latest statistics from the Office of Rail & Road. Of the 1·64 million trains planned in the three months, 72·4% arrived on time, 89·1% ...
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Rail Business UKRegulator approves Elizabeth Line passenger operation
UK: Industry regulator the Office of Rail & Road confirmed on May 13 that London’s Elizabeth Line had received final authorisations for the passenger use of its infrastructure, trains and stations (except Bond Street), ahead of the opening which is scheduled for May 24. Bond Street ...
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Rail Business UKRail reform and safety priorities in ORR business plan for 2022-23
UK: The Office of Rail & Road has published its business plan for 2022-23, setting out how the regulator plans to hold Network Rail to account. Supporting the government’s rail reform agenda will be a major area of work, with ORR expected to take on a ...
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Rail Business UKNetwork Rail commits to facilitating competition in the signalling market
UK: Network Rail has responded to the recommendations in the Office of Rail & Road’s study into ways of increasing the number of suppliers in the signalling market in order to reduce costs and improve performance, efficiency and innovation. The study, published by ORR last November, ...
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Rail Business UKORR appoints Director of Economics, Finance & Markets
UK: Will Godfrey has been appointed as the Office of Rail & Road’s Director of Economics, Finance & Markets with effect from early June. He returns to ORR 17 years after leaving as Head of Competition Economics. Godfrey is currently a Director on the Price Review ...