Network Rail to be investigated
There's going to be an investigation into Network Rail's performance. A report concluded that the company are failing to meet their own targets on punctuality and maintenance projects, which will surprise precisely no-one who has ever used a train.
Regulators say that Network Rail's work to sort out overhead power lines is 77% behind schedule, and in addition to that, work with signalling equipment are 63% behind schedule across the nation. As for their own punctuality targets, they're failing those too.
The Office of Road and Rail say that reliability on busy commuter routes operated by Thameslink, Southern and ScotRail are also "below requirements". And, to round it all off, even though Network Rail haven't finished what they need to do, they've still overspent on their budget for 2014/15 by £230m.
They're incredible aren't they? Their balls are made from indestructible brass.
During the investigation, the ORR aims to spot the problems which are stopping Network Rail from "delivering on its commitments to passengers". We suspect that the investigation will find that the people running the show are about as useful as a jumper made out of knives.
A Network Rail spokesman said: "There are clearly opportunities to improve following decades of underinvestment in the rail network. However, it is worth highlighting that we operate the safest passenger network in Europe."