Rolling Stock: Expenditure
The question
To ask the Secretary of State for Transport, what the cost to the public purse was of her Department's acquisition of Class 365 units in 2019.
Answered by Simon Lightwood
The cost of the purchase of the Class 365s in 2019 was £123.6M which was set out in the 2020 accounts of Train Fleet (2019) (“TF19”) available through Companies House (see principal activities and note 7 fixed assets).
This purchase price has been substantially recovered which can be seen through the subsequent published accounts of TF19 with only £9M remaining in the March 2025 accounts.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →