Network Rail today published its £44bn, five-year plan (2024-29, Control Period 7 CP7) for the railway in England and Wales that sees increased investment in tackling climate change, improving train performance from current levels, investing in things that matter most to passengers and freight users, and making our green railway, even greener.
(Permalink) CP7 Control Period 7 England Network Rail Wales

Passengers and freight at heart of 8.5bn railway investment in Network Rail's North West and Central of England regions over next five years. Climate change resilience, passenger and worker safety and train performance recognised as fundamental to running a reliable and efficient railway. Readying existing infrastructure during HS2 construction vital for future journeys and increasing passenger capacity.
(Permalink) CP7 Control Period 7 England Network Rail Wales

The Office of Rail and Road has today launched the process for determining the funding needed for Britains rail network from 2024-2029. The process, known as the 2023 Periodic Review (PR23), sets a five-year settlement that will determine the level of funding the infrastructure owner (Network Rail/Great British Railways) should receive for its operation, maintenance and renewals activities and what, in return, it should be required to deliver from this over five years from April 2024, known as Control Period 7 (CP7).
(Permalink) Control Period 7 ORR