THE Statement of Funds Available (SoFA) to Network Rail during Control Period 7 (CP7) – which covers the five-year period from April 1, 2024 to March 31, 2029 – was released by the Department for Transport on December 1.
It reveals that a budget of £44.06 billion has been agreed, of which £27.53 billion will be in the form of a grant. The balance will be funded from track access charges and other income that
