Date: 30/11/2021

The Office of Rail and Road (ORR) has today published its Rail Industry Finance (UK) 2020-21 report. The report shows the income, expenditure, and government funding of the UK rail industry for the financial year 1 April 2020 to 31 March 2021. The rail industry in 2020-21 was substantially affected by the coronavirus (COVID-19) pandemic. Passenger journeys fell to historically low levels and the government used emergency measures to keep train services running, which led to a large increase in train operator subsidy. The rail industry has started to recover from the impact of the pandemic. In 2021-22 Q1 (April to June 2021) 182 million rail passenger journeys were made in Great Britain, more than five times the 35 million journeys made in 2020-21 Q1.

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Tags: x ORR x Finance report x COVID-19