Category Archives: Analysis

Passenger train operators contribute over £700m to  DfT

Latest ORR analysis shows that there has been little annual change in the net contribution – the difference between payments made to and received from the DfT – by the franchised passenger train operators over the previous year.  In 2015/16 the net contribution from 18 TOCs totalled £732.9m as against £731.4m in 2014/15. Continue reading Passenger train operators contribute over £700m to DfT

Good rail results for TfL

Population and economic growth again set new passenger journey records for London Underground, but bus journeys continue to flat-line and are now lower than five years ago. These are just some of the findings from TfL’s latest annual report & accounts for the year ended 31 March 2016. Continue reading Good rail results for TfL

Network Rail debt will reach £52bn by 2019

Network Rail’s debt increased 10.2% to £41.6bn last year (2014/15: £37.8bn) and will reach £52bn by 2019, according to the infrastructure provider’s annual report for the year ended 31 March 2016. Of £7.5bn borrowed from the DfT in 2015/16, £3.1bn was to refinance existing debt leaving £4.4bn for investment. Continue reading Network Rail debt will reach £52bn by 2019