I don't agree with that. The old signalling is very reliable (its mostly been in use for 50 years now). Its the new kit that always is unreliable when first installed (its called the 'bathtub curve' effect).
Well, that's as maybe when the old signalling is left undisturbed. But with control being migrated from Reading
PSB▸ to Thames Valley Control Centre, there are substantial changes to the operation of the railway.
In the PSB days, the signaller would set the route long before the train reached any restrictive aspects. If the signal didn't clear, he'd try again, or possibly swing some points using the point key switches. Then, after passage of the train, he'd cancel the route.
Now, with
IECC▸ and
ARS▸ operating the railway, ARS sets the routes only just as they're needed. If there's any need for a retry (if the route doesn't set, or if a set of points don't swing, possibly caused by a sticky relay), then there's a much shorter time window before the train driver sees a double-yellow and starts braking. Similarly, after passage of the train, the tracks have to pick at exactly the right times for the TORR (Train-Operated Route Release) to work. So with less human intervention, there's less resilience to equipment mis-operation.
A big proportion of the faults I've investigated for this area have been related to the relay rooms. I for one will not mourn their passing - not least because there's much better logging of what's happening inside the Computer-Based-Interlockings.