Network Rail: Finance

Department for Transport written question – answered on 27th February 2020.

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Photo of Stephen Hammond Stephen Hammond Conservative, Wimbledon

To ask the Secretary of State for Transport, how much of the funding allocated to Network Rail for Control Period 6 is allocated to (a) maintenance of existing infrastructure, (b) renewal of existing infrastructure and (c) enhancements and new projects.

Photo of Chris Heaton-Harris Chris Heaton-Harris Minister of State (Department for Transport)

In Control Period 6, Network Rail plans to spend:

  1. £9bn on maintenance of existing infrastructure

  2. £18.5bn on renewals of existing infrastructure

  3. £11.4bn on enhancements and new projects

In addition to these areas of expenditure, funding is also allocated to the day to day operation of the network, business rates, industry costs and other business support costs.

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