This week Network Rail has announced that they are on
track (excuse the pun) to hit their efficiency targets over
the coming years.
Iain Coucher, chief executive said: “The interim results for
the half year to 30 September 2009 show good financial performance. Revenue figures are in line with regulatory targets for the current funding period.
“Maintenance costs are declining, staff costs have been
held steady and our investment programme continues
apace. The debt programme continues to be prudent, well managed and fully hedged.”
Of course costs to the tax payer must come down, but investment in rail must continue and grow, for the good of
the nation.
