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Great British Railways: Finance

Asked by Jerome MayhewConservativeDepartment for TransportTabled Answered 2 March 2026UIN 115551

The question

To ask the Secretary of State for Transport, pursuant to the Answers of 10 February 2026 to Questions 108456 and 108457 and 11 February 2026 to Question 108458, whether the corporate initiative efficiency saving in 2028–29 assumes changes in (a) passenger revenue forecasts, (b) subsidy requirements for train operators and (c) service specification.

Answered by Simon Lightwood

The £199 million efficiencies in the Support for Rail Passenger Services line are expected to be delivered mostly from more efficient workforce management, economies of scale as private sector operating companies move into public ownership, and ticketing and retail reform including the creation of a single Great British Railways online retail offer. These efficiencies contribute to the more than 50 per cent reduction in the rail passenger services subsidy from £2.4 billion in 2024-25.

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