Recommendation 1

The UK rail network is a core national asset, supporting its own industrial ecosystem and underpinning broader economic growth and employment. The message from the rail industry has been clear: investment in that asset has too often been characterised by cycles of ‘boom and bust’, with uneven and uncertain funding and procurement putting the viability of employers (including SMEs) at risk and delaying much-needed improvements to the network. The capacity of the railway to flourish under Great British Railways would be undermined by a weakened rail industry sector. (Conclusion, Paragraph 9)