Money from fares now covers day-to-day costs

Since 2004 the cost of running the rail network has fallen by 20% as companies have sought to drive efficiencies.

 

Looking at the railway as a whole, the £10.5bn a year generated by the industry from fares and other income now more than covers day-to-day running costs.

This means that, in effect, the £3.7bn of annual government funding for the railway is being invested on building a bigger, better rail network benefiting people now and for generations to come.

Industry financials 2015-16 (£bn)

financials

ticket breakdown

 

With 98p in every £1 paid of fares going back into running the railway, income from passengers is crucial to underpinning improvements to the network.

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