The UK's Office of Rail and Road (ORR) has approved infrastructure operator Network Rail's five-year strategic business plan worth €49.4 billion (GB£43.1 billion). The Control Period 7 (CP7) plan, covering 2024 to 2029, includes €44.1 billion for England and Wales and €5.3 billion for Scotland. Compared to CP6, 9% higher expenditure is budgeted for operations, 7% more for maintenance, 11% higher costs for industry, and 62% higher costs for traction power. Costs will fall by 14% for support and by 7% for renewal.
