Govia Thameslink Railway: Fares
The question
To ask the Secretary of State for Transport, pursuant to the Answer of 13 March 2025 to Question 35853 on Govia Thameslink Railway: Fares, if she will make an estimate of the first year in which rail fares will go down under Great British Railways.
Answered by Simon Lightwood
We are committed to the biggest overhaul of our railways in a generation, delivering a range of improvements, from more reliable services to simpler ticketing. Through public ownership and the transition to Great British Railways, it is also our ambition to deliver a more affordable railway. Post-pandemic, the amount of taxpayer subsidy provided to the railway industry has increased from under a quarter in 2018/19 to over half of total income in 2022/23. A proportionate, annual increase in fares is necessary to support crucial investment and to ensure the long-term financial sustainability of the railway.
Our goal is to keep the price of rail travel at a point that works for both passengers and taxpayers, where possible, while ensuring the long-term financial sustainability of the railway.
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