Funding Briefing Note
‘Boom and bust’ funding in the rail industry is having a significant detrimental effect on the supply chain, leading to redundancies and recruitment freezes, reductions in investment, threatening the ability of SMEs to survive and adding up to 30% to rail industry costs.
Download the Funding Briefing Note
RIA believes that the current five-year Control Period funding system should be improved to smooth to stop ‘boom and bust’, whilst ensuring there is not a return to annualised budgeting.
The RIA Funding Briefing provides a background to the issue and sets out the industry's view on how to remove peaks and troughs in the funding profile.