Date: 30/01/2019

The Office of Rail and Road (ORR) has today published its annual report showing how the railway was funded in 2017-18 and how that money was spent.

The data shows that in 2017-18 the cost of running the railways rose 1.4% to £20.6bn and that overall the industry received 1.3% (£19.4bn) less income than in 2016-17. This is largely because falling passenger numbers meant that income from fares fell 2.4% compared to the previous year.

This fall, in turn, contributed to lower returns to governments from train operators, resulting in an 8% increase in governments^ funding. However governments still received £0.4bn net from train operators.

External links