01:49
Tieng Anh Vui
Network Rail has been set tough new punctuality targets for the next five years by rail regulators.
In its final draft of 2014-2019 rail funding, the Office of Rail Regulation (ORR) confirmed 90% of local trains must run on time.
Network Rail must also improve reliability for long-distance services, while making savings of £1.7bn.
The ORR also increased funding by £32m to close around 500 level crossings and improve safety at hundreds more.
By 2019, fewer than three in 100 long-distance trains on the West Coast line and around four in 100 on the East Coast line should be hit by cancellation or delays of 30 minutes, the ORR said.
In total, Network Rail will receive more than £21bn over the next five years to fund the day-to-day running of the rail network.
The savings require Network Rail to bring down the cost of running the network by around 20%,
Network Rail has until 7 February 2014 to respond in detail and accept or reject the ORR's determination.
Đăng ký: Tieng Anh Vui
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