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Network Rail's fair payment charter to suppliers
Sunday, 29 January 2012

Rail suppliers can look forward to faster payment and improved payment terms thanks to Network Rail’s new Fair Payment Charter. Network Rail will reduce the time it takes to pay rail suppliers from 56 days to 21 days, and commits Network Rail’s railway suppliers to make payment to their first-tier rail subcontractors within seven days of receiving payment.

Rail industry suppliers and sub-contractors can look forward to faster payment and improved payment terms thanks to Network Rail’s new Fair Payment Charter announced on Friday (27 January 2012)

The charter has been signed by thirty of the biggest construction and engineering companies operating in Britain today, a move which will speed up payment and increase liquidity throughout the supply chain as Network Rail delivers £7bn of renewals and enhancements over the next two years.

The Fair Payment Charter ratifies Network Rail’s recent decision to shorten the time it takes to pay suppliers from 56 days to 21 days, and also commits Network Rail’s suppliers to make payment to their first-tier subcontractors within seven days of receiving payment.

This means the time from submission of a main contractor’s application to receipt of payment by the first-tier supplier is now...

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Grand results for Grand Central
Sunday, 29 January 2012
he Autumn 2011 National Passenger Survey figures released last week by Passenger Focus reveal that 95% of passengers were satisfied, or very satisfied with Grand Central services. (published 26 January 2012)

Over 50,000 passengers from across the UK had their say on rail travel which put Grand Central at the top of the league compared to the rest of the train operating companies. 

Passengers were satisfied with their value for money fares, extra space for luggage, more legroom as standard, how we deal with delays and the availability of staff to help during travel.

The average passenger satisfaction figures for other long distance operators was 86 per cent.

As well as rating Grand Central the top performing operator the Passenger Focus survey also shows how much passengers appreciate...

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