Railways: Investment

(asked on 5th December 2018) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government what estimate they have made of the total new investment in UK railways since privatisation by (1) Network Rail and its predecessor, and (2) train operating companies.


Answered by
Baroness Sugg Portrait
Baroness Sugg
This question was answered on 18th December 2018

There are no figures available covering the entire period since privatisation.

The Office of Rail and Road (ORR) has published statistics on private-sector investment in rail in Great Britain since 2006-07. Private investment is at record levels, totalling £8.3bn over this period, with £6.7bn in the last decade.

The figures can be found online at the link below:

http://dataportal.orr.gov.uk/displayreport/report/html/a1bcb53b-9914-4d7d-9d57-0187cd27e59b

These figures cover all private investment, not just that made by train operating companies. However, the largest category of investment is in rolling stock, which train operators fund though lease payments.

Network Rail has received a government grant since 2001-02 to support its investment in the rail network. The annual amounts are published by the ORR (within the ‘Direct Rail Support’ column of this table) at the link below:

https://dataportal.orr.gov.uk/displayreport/report/html/a830de20-83bf-408d-9c22-7f3ec23999f9

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