Railways: Finance

(asked on 7th June 2021) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government, further to their Great British Railway white paper (CP423), published on 20 May, what annual savings they expect to make in respect of (1) delay attribution, (2) franchise agreements, (3) key train requirements, (4) ticketing and settlement agreements, (5) any other benefits.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 21st June 2021

One of the major benefits of bringing the railways together will be to reduce fragmented decision-making. Great British Railways will be able to make substantial net savings without detriment to service or fare levels by reducing duplication, interface costs and complexity. This will include better planning of track and infrastructure works and many other operations currently subject to negotiation between Network Rail and train operating companies.

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