Train Operating Companies: Compensation
The question
To ask the Secretary of State for Transport, what the net cost to the public purse was of Schedule 4 and Schedule 8 compensation to operators for disruption on the rail network in 2023-24.
Answered by Simon Lightwood
Schedule 4 and Schedule 8 compensation transactions are primarily between bodies whose costs and revenues are included in the Department for Transport’s group budgets, therefore these have no net cost to the exchequer.
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