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Railways Act 2005 Statement (High Level Output Statement 2012)

Document Summary

The government's High Level Output Statement (HLOS) covering Control Period 5 (CP5) from 2014 to 2019.

This document was published on 16th July 2012 by Department for Transport.

It was written by Department for Transport.

The original document format was PDF File, and comprised 20 pages.The original document can be found here.

This document was kindly sourced from Department for Transport and is in our Financial & economic reports collection. It was added to the Archive on 28th July 2012 by the Archivist.

Copyright Information

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"The Government's vision is for dynamic, sustainable transport that drives economic growth and competitiveness. We are securing investment to provide world class national and international connectivity;
harnessing technology to ensure our transport system is smart, sustainable and ready for the future; and putting the customer and businesses at the heart of transport.

The Government's strategy for the railways was set out in the March 2012 Command Paper - Reforming our Railways: Putting the Customer First. The Command Paper set out how our passenger and freight railways support Government's overall transport vision by supporting economic growth, facilitating business, commuting and leisure journeys, providing a greener transport option than road and aviation, and relieving congestion on our road network. The Command Paper sets out the Government's ambition to see the rail industry aim to reduce costs by £3.5 billion by 2019 (compared to a starting point in 2008/09), making the railway more financially sustainable and lessening the burden on farepayers and taxpayers. A summary of progress since the
Command Paper is included as Appendix B to this document."