Network Rail: Finance
The question
To ask the Secretary of State for Transport, how much and what proportion of the Control Period 7 funding settlement remains available to Network Rail; and if she will take steps to ensure that total funding level remains the same for the next financial year.
Answered by Simon Lightwood
The full regulated Control Period 7 funding settlement, as outlined in the Delivery Plan, remains available to Network Rail. The phasing of spend is subject to annual update of the Delivery Plan for the 5 year period as led by Network Rail working in conjunction with the regulator and Government.
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