Date: 21/09/2020
The government has scrapped rail franchising and announced plans to extend support for train firms.
After passenger numbers fell during lockdown, taxpayer money was used to plug the shortfall in ticket revenues.
So far, the bill has run to more than £3.5bn and the Department for Transport has said ^significant^ support will still be needed.
Although passenger numbers have edged up since lockdown, they are still less than half pre-pandemic levels.
External links
BBC News
The rail franchising system has been scrapped and a £3.5bn survival scheme for train firms extended.
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Tags: x Franchising x COVID-19 x Grant Shapps