Date: 15/06/2021

Train operators, Network Rail and unions have agreed to talks over cutting rail services and axing thousands of jobs to save the industry up to £2bn a year as it plans for a post-Covid future of fewer passengers. Under a framework agreement signed by the four main transport unions and rail employers, voluntary redundancies will be sought throughout the railway to close the funding gap from an 80% decline in passenger revenue since the start of the pandemic.

External links

Rail employers and unions agree to talks over £2bn of cuts and job losses

The Guardian

Industry seeking thousands of redundancies across Great Britain after fall in passengers due to Covid

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Tags: x COVID-19 x Network Rail x TOCs