Network Rail is due to achieve significant efficiency savings between April 2009 (i.e. the baseline year used by McNulty) and March 2014. Its Strategic Business Plan for 2014-19, published in January 2013, sets out how it will achieve further savings over the period 2014-19. Its goal by 2019 is to close the efficiency gap against the best international comparators identified by Sir Roy McNulty.
Meanwhile, following the pause in our franchise programme, we will set out this spring our proposals for future franchise competitions that can facilitate key train operator efficiencies.