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873716

registered interest
date	28/03/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Railways: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the funding methodology is for the allocation of rail funding within England and Wales for Control Period 6.
tabling member constituency	Kilmarnock and Loudoun
tabling member printed	Alan Brown
uin	134830
answer	answer is ministerial correction date of answer 16/04/2018 answer text <p>The methodology for allocation of rail funding within England and Wales for Control Period 6 is summarised by the ORR’s Periodic Review 2018 documentation, available on the ORR’s website: <a href="http://orr.gov.uk/rail/economic-regulation/regulation-of-network-rail/price-controls/periodic-review-2018/timetable-and-process" target="_blank">http://orr.gov.uk/rail/economic-regulation/regulation-of-network-rail/price-controls/periodic-review-2018/timetable-and-process</a></p><p> </p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 16/04/2018 13:41:40 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4470 label Biography information for Alan Brown

749304

registered interest
date	06/07/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Railways: Finance
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether, over the course of Control Period 5, the cost of delivery for UK railways is projected to exceed the original funding assumptions for enhancements.
tabling member constituency	Scunthorpe
tabling member printed	Nic Dakin
uin	3310
answer	answer is ministerial correction date of answer 11/07/2017 answer text <p>We are investing more than £40 billion in Network Rail, including £15 billion of rail enhancements. In 2015 Sir Peter Hendy was asked to replan the programme to put it on a more sustainable footing, and following Sir Peter's review we have revised our approach to enhancements and the way we govern the programme to ensure that it is delivered within the fixed funding available. A key aspect of this approach is the ongoing assessment of investment decisions so that we deliver these improvements in a way that provides best value for taxpayers.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 11/07/2017 14:08:52 answering member 4097 label Biography information for Elizabeth Truss
tabling member	4056 label Biography information for Nic Dakin