Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Government departments will look at cutting budgets to fund defence, minister says

      Getty Images collection showcasing diverse business professionals in a collaborative office environment, emphasizing teamw...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Can football conquer the US? Why culture is key this World Cup

      GettyImages 2281127577 featuring a significant news event or business setting, capturing key moments and interactions

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 28 November 2013 7:41 pm

Network Rail slammed for not spending its budget on repairs

By: Express KCS

Add as a preferred source on Google

NETWORK Rail has been criticised for spending £1.2bn less than expected on maintaining the railways over the last four years and causing more than half of the delays endured by British passengers.

The Office of Rail Regulation said Network Rail was responsible for 1.7m minutes of delays between April and October, after infrastructure failures rose by five per cent to 16,000.

Network Rail faces fines if less than 92 per cent of the country’s trains run on time. In the period, 86.6 per cent of trains were within 10 minutes of their expected time.

“If the long distance performance does not improve the penalty could be in excess of £80m,” the ORR said.

A third of the delays caused by Network Rail were due to signalling, drainage or other non-track failures. Just under three in ten were caused by management failures, such as congestion on the lines, while a fifth were external problems such as animals on the tracks. Four per cent were caused by the weather.

Network Rail said many of its problems were due to “a largely Victorian infrastructure being pushed to its limits”.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Network Rail

Trending Articles

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • Inflation expectations at record high in interest rates signal

  • London Tech Week sums up everything wrong with UK tech

  • KPMG report on AI found riddled with AI hallucinations

  • UK economy falters as deeper damage to growth to come

More from CityAM

  • Challenge Cup: Wigan Warriors chief slams Network Rail over train chaos

    Sport Business
    Business professionals collaborating in a modern office setting, discussing financial strategies and reviewing data on dig...
  • ‘Obscene’ – HS2 on track to cost at least £102bn as minister slams ‘gold-plated folly’

    Transport & Infrastructure
    HS2 construction progress at Birmingham station with cranes and workers, highlighting UKs high-speed rail project development
  • Time to network the rail

    Opinion
    Kings Cross Coal Drops Yard bustling with shoppers and visitors amidst modern architecture and vibrant store displays
  • ‘Defining moment’: UK’s largest train operator enters public ownership

    Politics
    The Arterio trains are five years behind schedule due to a protracted dispute with unions over its safety, and a number of seperate faults.
  • New HS2 budget to blow £33bn hole in public finances

    Transport & Infrastructure
    HS2 construction worker inspecting tunnel progress, showcasing infrastructure development and engineering expertise
  • ‘Manchesterism’ is a myth and you can’t trust Andy Burnham

    Opinion
    Andy Burnham speaking at a conference, addressing key issues and engaging with an attentive audience in a business setting.
  • ‘Dire’: Rapid decline in construction as sector slashes jobs

    Economics
    Construction workers building a residential complex, symbolizing Labours push for renters rights legislation
  • A state of the nation tale: The National Rail Museum won’t accept a model railway set

    Opinion
    Detailed model railway set showcasing intricate train tracks and miniature landscapes for hobby enthusiasts.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited