It was good news for Network Rail today, as they
announced that they would be on track to hit their
efficiency targets in 2014.
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.”
Of course this success has and will continue to come at a cost to both the rail industry and to rail jobs.
However, the cold hard truth is that the money is simply no longer there and so the rail industry must adapt and become more streamlined and efficient.
What it can’t afford to do is to get dragged down by
industrial action and other disputes which will only
damage the industry further