Railways: Finance

(asked on 16th November 2022) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what proportion of the £1.5 billion in annual savings identified by his Department from the Rail Transformation Programme derive from workforce changes.


Answered by
Huw Merriman Portrait
Huw Merriman
This question was answered on 23rd November 2022

In the Plan for Rail the Department committed to the delivery of annualised savings of £1.5bn by 2026/27. The delivery of these savings comes through a new commercial model, an improvement in fares ticketing and retail, and a new industry structure. The largest share of these savings are anticipated to be from workforce reform - and in delivering a sustainable railway fit for the future they will help to ensure the railways offer sustainable, well-rewarded, jobs into the future.

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