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Posted in UK on 2018-06-15 08:57:43
UK rail regulator Office of Rail and Road (ORR) has urged Network Rail to invest an additional £1bn to replace its outdated railway tracks and assets over the next five years. The move would bring the total renewals budget across Britain to £18bn.
The call was made in response to Network Rail’s recently announced five-year plan, the Control Period 6 (CP6), which aims to spend more than £34bn by 2024.