Railways: Reform
The question
To ask the Secretary of State for Transport, pursuant to the Answer of 24 November 2025 to Question 92685 on Railways: Reform, whether she will request that the Office for Budget Responsibility or the National Audit Office examine and validate the Department’s estimates of (a) the £200 to £400 million set-up and transitional costs and (b) the projected £110 to £150 million annual savings from bringing rail services into public ownership.
Answered by Keir Mather
We have no current plans for the Office for Budget Responsibility or the National Audit Office to examine or validate these estimates. The Office for Budget Responsibility provides economic and fiscal forecasts and scrutinises government performance against its fiscal rules. It does not examine the financial details of individual Departmental investment projects at a granular level. The National Audit Office published a value for money report on rail reform in 2024.
We are focused on delivering long overdue reforms to the railway promised by the last Government, which will put the interests of passengers and taxpayers at the heart of our railway again.
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