Select Committee · Transport Committee

Rail investment pipelines: ending boom and bust

Status: Open Opened: 17 Dec 2024 15 recommendations 12 conclusions 1 report

The Transport Committee is examining investment pipelines for the railway. This inquiry will examine how a planned, steady pipeline of projects and investments (including elements such as track enhancements, station upgrades, and rolling stock orders) could benefit the development of the railway, including by enabling the rail supply industry to plan ahead, giving confidence to …

Clear

Reports

1 report
Title HC No. Published Items Response
7th Report - Rail investment pipelines: ending boom and bust HC 575 10 Feb 2026 27 Responded

Recommendations & Conclusions

6 items
8 Conclusion 7th Report - Rail investment pipelines:… Accepted in Part

Rail Network Enhancements Pipeline undermined by lack of updates and immature projects.

The Rail Network Enhancements Pipeline (RNEP) was a sound idea, undermined by a chronic lack of updates and by poor decisions to add immature or unfunded projects to the list. If these weaknesses were 50 addressed, it could form the basis of mature, informed communication with the rail sector and …

Government response. The Government agrees that smoothing workload is important but does not agree that making changes to the funding method is the right solution. Government agrees that the pipeline must clearly distinguish between funded commitments and earlier-stage proposals but does not …
Department for Transport
12 Recommendation 7th Report - Rail investment pipelines:… Accepted in Part

Require a high viability bar for RNEP projects and regular review by key bodies.

The RNEP should not become an unfunded wishlist: there must be a high bar of viability for projects to be included, and a commensurately high bar for any subsequent decision to remove them from the pipeline. The inclusion and status of projects should be regularly reviewed by the Secretary of …

Government response. The government agrees any pipeline must clearly distinguish between funded commitments and earlier-stage proposals. They recognize the Committee's interest in greater clarity on the level and source of funding committed to individual schemes and will set out scheme-level funding allocations.
Department for Transport
13 Recommendation 7th Report - Rail investment pipelines:… Accepted in Part

Implement ORR's review findings and identify RNEP projects suitable for private sector investment.

The RNEP should also be a tool for promoting rail infrastructure investment from sources other than central government. We urge the Government to implement the findings of the Office of Rail and Road’s review of the Rail Network Investment Framework, and in the next iteration of the RNEP, identify projects …

Government response. The government supports private investment in rail where it delivers value for money, but will signal opportunities through pipeline publications and structured market engagement rather than using the RNEP as a general prospectus.
Department for Transport
14 Recommendation 7th Report - Rail investment pipelines:… Accepted in Part

Identify regional schemes in the RNEP and include all devolved authority enhancement projects.

The RNEP should also identify those schemes which are most appropriate for funding and delivery at a regional level, such as those where alignment with national objectives is not sufficient to warrant full central government funding but which would be viable with local contributions. Confirmed enhancements projects being delivered or …

Government response. The Enhancements Portfolio and the associated pipeline publications will provide visibility of regionally led and co-funded schemes where they affect the national network, supporting alignment with national objectives and full transparency for industry.
Department for Transport
15 Recommendation 7th Report - Rail investment pipelines:… Accepted in Part

Promptly reflect outcomes of Spending Reviews and government announcements in RNEP updates.

The 2025 Spending Review has provided welcome clarity on what inherited enhancements the Department is proceeding with and those which it has decided to pause. Such announcements do not, however, provide 51 information in the format or detail necessary to populate a pipeline which can be traced clearly over time …

Government response. The government agrees with the importance of transparency and forward visibility, stating they are moving towards more regular, structured, and accessible publication of the enhancements portfolio; they will set out a potential pipeline that will provide an indicative view of …
Department for Transport
17 Conclusion 7th Report - Rail investment pipelines:… Accepted in Part

Absence of long-term rolling stock strategy created damaging boom-and-bust investment cycles.

The pattern of boom and bust has been especially apparent in rolling stock investment. There is widespread agreement, including from the Government, that the absence of a long-term rolling stock strategy, aligned to a similar strategy for infrastructure, has resulted in damaging missed opportunities and fluctuations in orders over many …

Government response. The government agrees that the experience of Control Period transitions should be examined, including the start of CP7 and the potential for volatility within Control Periods so that lessons can be learned to strengthen mobilisation, sequencing and improve delivery for …
Department for Transport

Oral evidence sessions

5 sessions
Date Witnesses
16 Jul 2025 Alan Over · Department for Transport, Alex Hynes · Department for Transport, Lord Hendy CBE · Department for Transport View ↗
2 Jul 2025 David Leeder · Transport Investment Limited, Dawn Badminton-Capps · North East Combined Authority, Huw Merriman, former Rail Minister, Jim Steer · Greengauge 21, Liz Goldsby · Transport for Greater Manchester, Mal Drury-Rose · West Midlands Rail Executive View ↗
18 Jun 2025 John Leach · RMT, John McGookin · Unite the Union, Jonathan Spruce · Institution of Civil Engineers, Jonathan Spruce · Institution for Civil Engineers, Mick Whelan · ASLEF, Miss Lydia Amarquaye · Institution of Mechanical Engineers, Neil Robertson · National Skills Academy for Rail, Robin Jenks · TSSA (Transport Salaried Staffs' Association), Stephen Barber · Permanent Way Institution View ↗
11 Jun 2025 Christoph Pasternak · Eurofima, Malcolm Brown · Angel Trains Ltd, Peter Broadley · Alstom UK & Ireland, Sambit Banerjee · Siemens Mobility Limited View ↗
7 May 2025 Elaine Clark OBE · Rail Forum, Jeremy Westlake · Network Rail, Michelle Craven-Faulkner · Rail Forum, Noel Travers · Railway Industry Association, Robert Cook · Railway Industry Association, Sir Andrew Haines · Network Rail View ↗