To ask Her Majesty's Government what assessment they have made of the financial preparedness of train operators to meet any ongoing challenges posed by the COVID-19 pandemic.
2 October 2020
The Department has agreed new Emergency Recovery Measures Agreements with the rail industry which ensures our railways can continue to support the UK’s recovery from COVID-19. These agreements will be in place for up to 18 months, where the Government pays train companies a small performance-related management fee to keep services running through the pandemic.
These agreements, like the Emergency Measures Agreements before them, bring stability and certainty to the rail industry to meet the challenges that this pandemic continues to present.