Network Rail has said it is "disappointed" at not hitting its punctuality targets amid reports the firm is expected to receive a record fine for failing to ensure services run on time.
A spokesperson for the operator of Britain's rail infrastructure told Sky News: "Passengers are not currently experiencing the very high levels of train punctuality we had promised.
"While we have been successful in making our infrastructure more reliable, it hasn't been enough to offset the difficulties caused by excessive congestion or bouts of extreme weather.
"Missing our regulatory targets for punctuality is disappointing and our focus for the coming five year period is to restore record levels of performance and spend and invest some £38bn in our railways targeting the busiest parts of our network to relieve congestion and provide more trains, more seats and quicker, greener journeys."
According to the Sunday Telegraph, Network Rail is braced to be fined around £70m from the Office of Rail Regulation after admitting it has failed to ensure that Britain's trains run on time.
The company is expected to tell regulators on Monday that only 89.9% of trains are currently reaching their destination on time, or less than 10 minutes late.
Official targets say 92.5% should arrive on time.
Robin Gisby, Network Rail's managing director of network operations, told the Sunday Telegraph that growth in demand from passengers had spiralled beyond all expectations in recent years, leaving his organisation "playing catch up".
Projects planned and funded five years ago to improve punctuality by upgrading rail infrastructure and increasing capacity had been outstripped by the rise in passengers, he added.
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