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“Old fashioned” problem solving in a modern railwayRSA- 08/01/14

Jo Kaye

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Control Period 5 Headlines

• Deliver continuous improvement in safety, particularly reducing risk at level crossings

• Enhance the capacity and capability of the railway even further

• Focus on reducing the variability in train service reliability and plan to deliver performance of 92.5 per cent PPM by the end of CP5

• Enable 700 extra trains a day to link our key northern cities

• Deliver a 20% increase in available seats on peak commuter services in London and the South East

• Deliver new lines to increase capacity in Scotland

• Electrify far more of our railway, and introduce modern signalling

£38.2bn

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Safety is our number one priority

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Performance is as important as ever…

• Increase in overall passenger satisfaction 1997-2012 is best in Europe

• Punctuality is at historically high levels but we are still highly unlikely to meet our overall performance target for CP4

• We have put a lot of effort into understanding why this is the case – and what trade offs are appropriate between performance, capacity and efficiency

• Issues such as extreme weather have had more of an impact than we had predicted in 2008/09

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We have seen extraordinary growth…

• In the last decade passenger numbers have gone up by 50%• By 2020 forecasts suggest an extra 400m journeys – up to 1.8bn• By 2031 passenger numbers in London are expected to grow by a

further 36% on today

Increase in passenger numbers between 2002/03 and 2011/12

Projected growth in demand in London by 2031

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The railway is vital to Britain’s economy…

• In Britain, 1.46 billion journeys are made by train every year and the railway transports 100 million tonnes of goods.

• Investing in rail brings jobs to the supply chain and benefits to the wider economy

We have generated £17.3bn of work for our supply chain since 2009

Our Northern Hub project will generate £4 in economic benefits

for every £1 spent

Date 00.00.00 Presentation title to go here 7

CP5: Costs are important

Total Operations and Maintenance cost (£) per train mile (FY12/13 prices)

Maintenance

Controllable Costs

Support

Operations

Cost per train mile

2003

/04

Control Period 3 Control Period 4 Control Period 5

Savings required from the regulator on Network Rail’s Strategic Business Plan for Control Period 5

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People are key

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“Old fashioned” problem solving in a modern railway

Any Questions?