Railways: Expenditure

(asked on 12th June 2023) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what he expects the operations, maintenance and renewal spending for the (a) network in England and Wales and (b) Wales Route to be in Control Periods (i) 7 and (ii) 8.


Answered by
Huw Merriman Portrait
Huw Merriman
Minister of State (Department for Transport)
This question was answered on 15th June 2023

Government provided £44.1 billion for rail operations, maintenance and renewals spending in England and Wales in Control Period 7. This settlement, a 4% real-terms increase on the current settlement, was published on 1 December 2022.

The quantum of funding within this that will be allocated towards spend in Wales remains subject to the completion of the independent regulator’s (the Office of Rail and Road) Final Determination, expected later this year.

The settlement for Control Period 8 will be finalised via the Periodic Review 2028 process which will commence during Control Period 7 (which begins in April 2024).

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