Railways: Fares
The question
To ask the Secretary of State for Transport, what assessment she has made of the potential impact of the rail nationalisation programme on passenger rail prices.
Answered by Keir Mather
As more train operators are brought into public ownership through the Department for Transport Operator and the establishment of Great British Railways, we must continue to ensure that passengers and taxpayers receive a fair deal. Since the pandemic, the level of taxpayer subsidy provided to the railway industry has increased from under a quarter of total income in 2018/19 to almost half in 2023/24. Our goal is to balance affordability for both passengers and taxpayers, while ensuring the railway’s long-term financial sustainability.
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