Network Rail will not be able to complete all the infrastructure work planned within its five-year spending programme, according to company officials. The value of the speding programme amounts to £38.5bn (55.1 million euros). According to a senior adviser, the organisation “doesn’t have the institutional capacity to accelerate projects that have been delayed a bit” within the current cycle.
Mark Carne, Network Rail’s chief executive, has already admitted the current spending plans might be “over ambitious”. Network Rail runs and maintains 20,000 miles of Britain’s track, 6,300 level crossings, and 40,000 bridges and tunnels. The Government is deeply concerned about the organisation’s ability to oversee an aging rail system that is struggling to cope with the highest number of passengers since the 1920s.
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