South Eastern milked over 13-year period
■ DfT imposes £23.5 million penalty
■ Overpayments hidden in TOC accounts
■ DfT recovers £64 million
Limited scope for train operator cost cuts
■ Switch from net premium to subsidy signalled problems
■ Rolling stock and track access dominate rises
■ Costs stabilised after year-on-year increases
Anglia pioneers 21st Century Operations
■ Network Operations Strategy starting to deliver
■ Liverpool Street IECC pilots radical reorganisation
■ Key role for Luminate TMS
Electrification: Prove you can deliver, demands DfT
■ TRU and MML electrification test cases for cost reduction claims
■ TDNS rolling programme on hold
■ ‘Stop moaning’, electrification proponents told
■ Network Rail Board goes full duckweed
Wigan – Bolton: NEEP goes in hard
■ Civils costs halved
■ Bridge reconstruction slashed
■ Overdue renewals distort cost
■ Overheads exposed
Runners and riders reviewed
New Train TIN-watch promotion criteria amended as Lumo ‘803s’ graduate within three periods
ROGER FORD
Network Rail slims ahead of GBR
■ Last decade’s headcount growth reversed
■ Redundancies to follow VSS
■ More savings from GBR efficiencies
Operators facing revenue-cost gap
■ Omicron reversed ridership revival
■ Treasury sustains revenue support
■ Costs continued to increase through 2020-21
Chasing Will o’the WISP
■ Consultation on 30-year plan
■ Public competition for GBR HQ
■ Legislation lagging privatisation timescale