Rail: Value for Money
Rail: Value for Money
Investment, Efficiency and Reform
17 November 2011
The Barbican, London
It seems for the railway industry it is both the best of times and it is the worst of times. On the one hand key projects and significant investment have been ring fenced to help ensure our railways are fit for the 21st Century. On the other hand industry reforms, relentless efficiency drives and customer dismay present a real challenge for rail transport.
Sir Roy McNulty’s Value for Money report aims to drive down costs and release potential savings of £600-£1,000m per annum, without cutting services, by 2019. This target will be met by getting Network Rail and train operators to work together more efficiently, aligning incentives and working more closely at a local level. The rail industry’s high cost base currently makes it one of the most expensive in Europe and the report indicates that there is scope to significantly reduce costs. The Office of Rail Regulation reported that the efficiency gap between Network Rail and the rest of Europe was thirty four to forty per cent.
Join us at Rail: Value for Money – Investment, Efficiency and Reform to listen to industry experts, debate key policies and projects, and explore how to improve our railways.
Register to attend here using Marketing Code SYS1
Confirmed Speakers Include:
Sir Roy McNulty, Chairman, Rail Value for Money Study
Anna Walker, Chair of the Office of Rail Regulation
Tom Smith, Chairman of the Association of Train Operating Companies
Anthony Smith, Chief Executive, Passenger Focus
Alexandra Woodsworth, Public Transport Campaigner, Campaign for Better Transport
Edward Welsh, Director of Corporate Affairs, ATOC
Paul Clifton, Transport Correspondent, BBC South
Further details of the programme can be found online
Places are limited to 100 and are awarded on a first come, first served basis
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