Train Operating Companies: Subsidies
(asked on 11th February 2026) - View Source
Question to the Department for Transport:
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.
This question was answered on 26th February 2026
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.