Exact(6)
"Rail regulation is a shambles," says a Whitehall source.The rail regulator's problems stem from the government's failure to reform the system after Railtrack was forced into liquidation.
The latest data from the Office for Rail Regulation (ORR) shows the gap between the RPI increase and the rate at which rail fares have gone up.
Unions said the numbers, published on Wednesday in a comprehensive review of railway financing by the Office for Rail Regulation (ORR), showed rail was run with "the economics of the madhouse".
We've had trouble with rail regulation – a botched job from its mid-90s start – with water, banks, now the energy sector – where pricing between fuels and renewables is a recurring nightmare.
The prosecution by the Office for Rail Regulation (ORR) came after it reopened its investigation into the accident following pressure from the girls' families and the Transport Salaried Staffs Association.
According to figures from the Office for Rail Regulation, last year ATW received the highest public subsidy per passenger mile of any franchise across the UK.
Similar(54)
Under a system regulated by the Office of Rail Regulation, Network Rail pays money to operators for problems which cause disruption to services.
Previous pleas from politicians and the Office of Rail Regulation ORRR) for the Network Rail remuneration committee to take into account poor performance have largely been ignored.
But take a look at financial information published by the Office of Rail Regulation in April this year, covering spending by the rail companies in 2012-13.
But according to the rail watchdog, the Office of Rail Regulation, three-quarters of us don't claim the compensation we're entitled to from our delayed journeys.
The investment will be funded from £50m fines imposed by the Office of Rail Regulation on Network Rail in July 2014 for the late running of services.
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