Transport written question – answered at on 28 June 2011.
To ask the Secretary of State for Transport what plans he has to produce a measurable objective for cost reductions in the rail industry.
The Government are now considering which of the recommendations in the rail value for money study it will take forward and on what timescale. That work will complement thinking on a wider package of reforms to secure a sustainable railway at lower cost that delivers a better deal for both taxpayer and fare-payer. A detailed strategy for the reform of the industry will be published in November.
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