Tuesday, 8 June 2010

More NR timetabling woes

This from The Street of Shame...

Yesterday Network Rail sent an e-mail to the trade press hacks headed:

INVITATION: Network Rail preliminary results media dinner June 8, 2010

It contained details of the venue for the event, invitations for which had been sent out some time ago

It said:

The dinner will be held on the evening of June 8, from 7pm

Sadly the original invitation stated the do was on Thursday 10 June.

Perhaps relying on the Integrated Train Planning System for media events was a touch over-optimistic?

UPDATE: This from The Archer...

Perhaps the dinner tonight is the preliminary results dinner and Thursday is the dinner for the preliminary results?


Tube Lines recruits old hand

Andie Harper has been named by TfL as the Chief Executive designate of Tube Lines.

Recruited from Aecom Andie was formerly the Chief Exec of Metronet - again appointed by TfL after the doomed private contractor was brought back in-house.

And he is no stranger to the Jubilee, Northern and Piccadilly lines, having been MD of Infraco JNP when it was in shadow running mode, prior to privatisation.

Better the devil you know...

A game of Hyde and seek at East Coast

Word reaches Eye that East Coast is short one Head of Communications.

The Fact Compiler hopes that the nationalised operator hasn't taken to shooting the messenger?

Railway Magazine for sale

According to yesterday's City AM...

IPC Media is in the process of selling 28 hobby titles including Cage & Aviary Birds and The Railway Magazine.

Strange bedfellows indeed.

DfT prepares for the worst

This with a bowler tip to Oily Spanner...

It's good to see that the Civil Service is preparing for hard times.

Why no less a figure than Robert Devereux, Permanent Secretary at the DfT has been brushing up his busking skills:

For years I have joined a scratch choir of local residents which tours the streets singing carols before Christmas.

Now repeat after Eye:

"Spare the price of a cup of tea guv'?"

Pointless signs - Pedants' Corner

Regular Eye readers will recall that the Fact Compiler was recently taken to task for using 'less' rather than 'fewer' when referring to countable objects.

This with a bowler tip to P...


It would appear that the Linguistic Mafia are now taking matters into their own hands.

Railway Garden Competition - York

This from Alex C...

Pictured is York between platforms 9 & 10.


Note the irrigation facility...

Coucher worth every penny!

This guff from Saturday's Times...

The boss of Britain’s railways, who is paid more than four times as much as the Prime Minister, has said that he would refuse to take a pay cut and that he is worth every penny of his £613,000 salary.

Evidently we are all in this together!

Apart, of course, from some of us.

UPDATE: This from Jumbo...

No doubt people who work in a company that perpetuates the myth that trains up to 10 minutes late are actually on time find it equally easy to have illusions about their salary level.

Less to be cut from transport - Official

Good news from Petrol-head's new improved Department for Transport!

In the first round of government spending cuts a massive 11% was shaved off the Transport budget.

However, yesterday's Daily Express contained the following encouraging news:

METRIC measurements of distance have been banned by the new Transport Secretary in official communications dealing with Britain’s road, rail and air network.

Good news indeed.

After all, cutting 1,000 miles of railway sounds so much more palatable than 1,609 kilometers.

Friday, 4 June 2010

Return to southern bias at the DfT?

The BBC Radio 4 is reporting that Petrol-head Hammond has ordered a review of "the need for new carriages".

This follows the publication today of an NAO report which suggests that with "projected demand falling and costs of carriages rising, there are risks to value for money from plans to increase capacity on the rail network"

Expect fury in the North of England, in particular from the Greater Manchester and West Yorkshire Integrated Transport Authorities, where overcrowding is already seen as a major problem.

Of course not the sort of problem that is ever likely to be experienced by members of the exciting new Coalition transport team, as can be seen from a quick look at their constituencies:

Petrol-head Hammond - Runnymede and Weybridge
Theresa Villiers - Chipping Barnet
Norman Baker - Lewes
Mike Penning - Hemel Hempstead

No matter.

With Petrol-head already looking at allowing TOCs to introduce swingeing fares increases demand for rail travel North of Watford should be suppressed nicely.

UPDATE: This from Leon...

I was little surprised by your view of Ms Villiers' constituency. It does contain three Northern Line and three FCC (GN) stations.

Thus spake a true Metropolitan! Ed

UPDATE: This from the Grim Reaper...

Not quite – it looks like Petrol Head’s own constituents will be affected by what now seems the inevitable cancellation of the Windsor lines 10-car project (not to mention Cleggy and co. who on the morning peak cannot physically board their sardine-condition trains at Putney).

But then of course PH drives his Jag to work!

UPDATE: This from Driver Potter...

My dear old thing,

Further to your worrying post:

Rule One: Before we start tearing our hair out about "no new trains" lets calm down and think for a minute - what's sat idle, how much would it cost to reactivate and would it be cheaper than new builds?

Rule Two: If we can't have new shiny trains, then rebuilding existing stock to get better results and extend the lifespan shouldn't be seen as a sin; it's good thinking and it's cheaper. You ask Captain Deltic about the lovely things Hitachi are doing to the technical unmentionables on the South Eastern 465s...

Rule Three: Two out of four of our lovely coalition transport team are based on the former Southern Region, which means they understand the might and majesty of the third rail. this can only result in Gods Own Traction Supply being extended to all parts of our beloved isle meaning:

(a) I won't get gapped at Wokingham if I accidentally go straight on, and

(b) We all get a week off every year when it snows and the country comes to a grinding halt.

Rule Four: Putting fares up to cap demand is a very old BR trick and beneath any right-thinking government; you want the economy to recover, boy? Get your noses out of our business and get on with allowing us to run a bloody railway in peace
.

And if you really can't find the money for the new toys anywhere else, have a word with Network Rail; they can find credit where no credit can be found. It's just the "paying it back" bit they aren't very good at.

Network Rail to face further funding squeeze

This written answer from Petrol-head Hammond given on 2nd June 2010...

John McDonnell (Hayes and Harlington, Labour):
To ask the Secretary of State for Transport what assessment has been made of the impact of planned reductions in his Department's funding of rail in 2010-11.

Philip Hammond (Secretary of State, Transport; Runnymede and Weybridge, Conservative):
My Department has agreed to contribute a total of £683 million to the £6 billion of in-year budget reductions sought in the emergency budget.

As part of this Network Rail has indicated that, subject to the consent of the Office of Rail Regulation, it will reduce its requirement for Government funding by £100 million.

I am clear that similar efficiencies can be driven from the large organisations to which the Department for Transport makes grants, such at Network Rail, as can be found by the Department.

Interesting.

And there was Eye thinking that NR's efficiency savings were determined by the ORR.

Thursday, 3 June 2010

A 'mixed' performance from Network Rail...

Telegrammed by Bulldog Drummond
It started with a lacklustre performance by Iain Coucher on the Today programme at 07:20.

The Network Rail chief exec seemed to allege that ORR were using the 'wrong kind of efficiency measures'.


Then there was the ORR press conference, well described by Nigel Harris on his blog, called to discuss the Regulator's robust and pointed letter on Network Rail's performance last year.

Another self-serving piece of work was Network Rail's Preliminary Financial Results for the year ending 31 Mar 2010.

Although not easy to read the story is depressing.

There is some improvement but it is being bought at too high a price and taking too long and, anyway, ORR is clearly not convinced that many of Network Rail's claims add up.

It is instructive that Coucher only mentions six new projects in the Preliminary Financial Results:

  • Airdrie to Bathgate – a new line being built in Scotland, scheduled to open in December 2010
  • The programme of work for the London 2012 Olympics continues; this includes new lines, new stations, better facilities and new rolling stock on the North London Line and East London Line in addition to works to support and enable the transport links being developed in the Stratford area
  • Construction is well advanced on the Thameslink programme
  • Also as part of the transport strategy for London, the Reading project has advanced, as well as key development work now underway for Crossrail
  • The Birmingham Gateway project to redevelop New Street has attracted a significant amount of third party investment
Yet half of these are being driven by others.

Rolling stock procurement is nothing to do with Network Rail.

Property investment should not be the main focus of our national infrastructure company.

Highlighting Newport station as a major initiative seems to indicate so little is being achieved that a £22m project, which is partially funded by the Welsh Assembly, gets top billing.

Meanwhile signalling problems on the North London Line and ORR's intervention into Airdrie Bathgate appear to have been glossed over.

The fantasy that Network Rail is a sound and effective business is best left to the words of the hapless Group Finance Director, Patrick Butcher:

"Network Rail is maturing into a company that is strong and sustainable."

Does anyone in their right mind really think this is the case?

He tops this Pooterish statement with the complete nonsense that:

"Our financial performance means we generated operational cash flows 80% greater than required to pay our net financing costs. Our gearing ratio [debt to regulatory asset base] of 64% shows that our debt is at a sustainable level and gives the business a significant buffer to absorb unplanned costs."

This is the world of Micky Mouse accounting.

Interest on debt can only be paid out of net income, not total cashflow.

The RAB is a completely meaningless basis for borrowing, particularly if sufficient income cannot be generated to pay interest and start to reduce the principal outstanding.

The reality is that Network Rail is slipping into a morass of debt and that too little is being bought for the huge sums being borrowed.

The Prudential affair has shown that corporate activism is now much in vogue.

Eye is certain that the Members of Network Rail will make it their primary business to stop this corporate muddle at their AGM next month and direct the Board as to how the business is to be run in future.

"No executive bonuses" for NR Board

Oh dear!

What senior industry figure went on the record with this damning view:

“I do not believe that Network Rail executives should receive a penny in bonuses in any year when a worker dies. This year there have been three deaths... So in my opinion there should be NO executive bonuses.”

More over at Nigel Harris' blog...

Bad branding - Banbury

No longer the 'Arrows of Indecision'!

Welcome to Chiltern's Banbury station...


...home to the 'Arrows of Indeterminate-distance'.

Eye salutes NR timekeeping improvements

This just in from Tb...

On the day that Network Rails 91% timekeeping record is being questioned, I enclose proof that in fact they are under reporting their achievements.

The two circled trains shown on the Edinburgh arrivals this morning are hours early.


Clearly NR are to be congratulated and the doom sayers pooh poohed.

Railway Garden Competition - Welwyn Garden City

Number Crunching...

£6.2bn
Osborne's "age of austerity" spending cuts

£23.83bn
Network Rail's "carry on regardless" debt

UPDATE: Network Rail says £23.8bn debt is sustainable.

Eye understands that NR's Board is also confident it can nail jellies to the ceiling.

UPDATE: This from Ithuriel...

Network Rail's debt is sustainable out to 2020, provided:

a) Network Rail can meet its efficiency targets over the rest of Control Period 4

and

b) Network Rail continues to cut maintenance and operating costs year-on-year in Control Period 5 at the same rate as required in Control Period 4

and

c) The Government is happy for Network Rail's funding requirement to remain at the current £5.3 billion a year throughout Control Period 5.

Readers may note that these requirements are not quite all or nothing.

If there are no enhancements in the High Level Output Specification for Control Period 5 then a combination of a) and b), will allow the number in c) to be reduced.


UPDATE: This from Winnie the Pooh...

Despite being a bear of very limited brains even I can see that none of the above provisos are likely to be met.

Which means that NR's level of debt remains at a completely unsustainable level.

Bump, bump, bump...

Railway Garden Competition - Woking Down Yard


UPDATE: This from Shoegear...

Regular visitors to Woking note that, somewhat appropriately, this is where the 'Wet Spot Eliminator' Machine is frequently to be found in residence.

Railway Garden Competition - Sheffield again...

Pointless signs - Euston last night

Telegrammed by our Independent Expert
Lithuania here we come?

Baffled commuters on the 19.24 Euston to Milton Keynes yesterday faced the prospect of a magical mystery tour.


Or was this another DB takeover?

UPDATE: This from 5741 Duck...

notsuE nodnoL is a case of high quality contingency planning.

Presumably they're piloting right-to-left displays to be ready for when Israel decides to further extend its peace keeping activities in international waters.