TRAIN passengers are to get nearly £11bn worth of improvements over the next three years, infrastructure company Network Rail (NR) announced today.
The total package includes an extra £400m - half of which will come from a special Government fund and half as a result of NR savings and strong performance.
Announcing the investment in its 2006 business plan, NR said it was aiming to improve train performance so that 87.6% of trains ran on time by March 2007.
This compares with a trains-on-time figure of 86.4% over the last year, against 78.6% when NR was created in 2002.
The not-for-dividend company also plans to further reduce the delays for which it is responsible.
The £10.8bn that will be invested in the period up to March 2009 is in addition to the £7.5bn invested in the last two years.
Plans include the already-announced expansions and improvements of London's Euston, Victoria and Waterloo stations as well as improvements at smaller stations.
NR chief executive John Armitt said: "Our plans are for a better-performing and more efficient rail network."