Nicholas Lewis
Established Member
This is an overview of the Dept of Transport activities in 2019 and although a little stale it has some good charts and dedicated section on rail.
https://www.nao.org.uk/wp-content/u...al-Overview-Department-for-Transport-2019.pdf
The graph on P14 is quite telling in that it shows Franchise income has gone from £1.2B in 2016/7 to a forecast £0 in 2019/20. That's a big hole to fill along with all the bailouts to Crossrail and im guessing all the TOCs that are going pete tong in 2020.
https://www.nao.org.uk/wp-content/u...al-Overview-Department-for-Transport-2019.pdf
The graph on P14 is quite telling in that it shows Franchise income has gone from £1.2B in 2016/7 to a forecast £0 in 2019/20. That's a big hole to fill along with all the bailouts to Crossrail and im guessing all the TOCs that are going pete tong in 2020.