Train Operating Companies: Subsidies
The question
To ask the Secretary of State for Transport, what subsidy reduction targets her department set for train operating companies in England in (a) 2024/2025 and (b) 2025/2026.
Answered by Simon Lightwood
In 2024/25, the Department’s resource settlement for train operating companies was £2.4 billion, and in 2025/26 it is £2.0 billion. Business plans and net subsidy budgets for train operating companies were agreed to align with and deliver within these settlements.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →