Written question asked by Lord Harper (Conservative) on Thursday, 24 July 2025, in the House of Lords. It was due for an answer on Thursday, 7 August 2025. It was answered by Lord Hendy of Richmond Hill (Labour) on Monday, 28 July 2025 on behalf of the Department for Transport.
Railways: Nationalisation
- Question
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To ask His Majesty's Government, with reference to paragraph 5.80 of the Spending Review 2025, published on 11 June, what estimates or forecasts have been made of (1) the rail passenger services subsidy, (2) passenger ridership, (3) passenger revenue, and (4) efficiencies and savings through public ownership, for each of the financial years until 2029–30.
- Answer
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Rail passenger services subsidy is expected to reduce by over 50 per cent from £2.4 billion in 2024-25.
The Spending Review settlement assumes that passenger revenue increases by an average of 6 per cent per annum over the period.
Public ownership will result in a reduction in the fees paid to private sector operators and enable efficiencies to be delivered through horizontal integration of operators. Costs are assumed to increase by less than revenue each year, resulting in the net subsidy reduction.
Secondary information
- Type
- Written question
- Reference
- HL9885
- Session
- 2024-26
- Related items
- Subjects
- Railways Nationalisation
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-06 00:11:47 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL9885
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- In Solr
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