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Railways: Finance

Question for Department for Transport

UIN 158848, tabled on 22 April 2022

To ask the Secretary of State for Transport, what the projected reduction in rail losses and rail subsidy is for the 2022-23 compared to 2021-22.

Answered on

27 April 2022

The Department’s Main Estimate in 2022/23, for both support for rail passenger services and to deliver reforms, is £3bn. This is a reduction from an estimated outturn of c.£5bn in 2021/22, primarily due to an increase in revenue. Actual 2021/22 outturn will be published in due course as part of the Department’s Annual Report and Accounts.