Network Rail: Finance

(asked on 27th May 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what the total rail enhancement funding available to Network Rail for Control Period 6 is; what the actual spend is in years (a) one and (b) two; and what the forecast total spend is for years (i) three, (ii) four and (iii) five.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 7th June 2021

The budget for Rail Enhancements for England and Wales during Control Period 6 (CP6, 2019/20-23/24) is £9.4 Billion.

The actual spend in years requested was:

(a) one (2019/20) = £1,475 Million

(b) two (2020/21) = £1,477 Million

The latest forecast spend (Network Rail Period 1, 2021/22) for years requested is:

(i) Three (2021/22) = £1,952 Million

(ii) Four (2022/23) = £2,185 Million

(iii) Five (2023/24) = £2,320 Million

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