Great British Railways: Finance

(asked on 14th May 2025) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, whether she plans to allocate a multi-year funding settlement for (a) revenue and (b) capital to Great British Railways.


Answered by
Simon Lightwood Portrait
Simon Lightwood
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 22nd May 2025

The recent consultation on reforming our railways proposed that the Secretary of State will be required to issue a High-Level Output Specification (HLOS) and Statement of Funds Available (SoFA) for GBR’s Infrastructure Operations, Maintenance and Renewals. GBR would be required to create a business plan in response to the HLOS and SoFA, setting out its proposed activity over the next 5 years. Passenger services and enhancements would continue to be funded through the spending review process when these occur. The consultation has now closed, and Government will publish a response in due course.

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