Railway Risk Management explained

This from Moley in the House on the 9th March...

Recent improvements in the industry include the introduction of new train protection systems, new rolling stock and better management of the infrastructure. The independent rail safety regulator, the Office of Rail Regulation, has acknowledged a steady improvement in railway safety standards, and the UK's record is comparable to that of other western European countries. To build further on this strong safety record, the high level output specification for rail calls for a 3 per cent. reduction in the risk of death or injury to passengers and staff by the end of 2014.

With the country broke no doubt DafT knows exactly how it will achieve this 3% reduction in risk... operate 3% fewer trains!