London, Tilbury and Southend Line: Finance
The question
To ask the Secretary of State for Transport, what assessment she has made of the adequacy of planned funding for (a) services and (b) infrastructure on C2C train routes in the period following its re-nationalisation.
Answered by Simon Lightwood
c2c services are being brought into public ownership, with the date for transfer scheduled for July 2025. The Annual Business Planning round for 25/26 is currently underway where the adequacy of funding for c2c will be considered.
Network Rail’s funding for its operation, maintenance and renewal of operational railway infrastructure, including C2C train routes, was set via the comprehensive and bottom-up Periodic Review 2023 process, run by the independent rail regulator, the Office of Rail and Road. This funding covers the period from 1 April 2024 to 31 March 2029.
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