ORR publishes data on government financial support to the rail industry
Posted: 22 August 2013 | Office of Rail Regulation (ORR) | No comments yet
The ORR has published statistics highlighting year-on-year levels of government financial support to the rail industry…
The Office of Rail Regulation (ORR) has today published statistics highlighting year-on-year levels of government financial support to the rail industry (1985-86 to 2012-13).
Statistics show that in 2012-13 the rail industry received a £5.1bn government subsidy, this is £524 million greater than the previous year. The subsidy includes £1,536 million of spending on major rail projects such as Crossrail – a rise of £828 million on the previous year.
Data also highlights that 2012-13 is the third successive year that the government received money back from train operating companies as part of their franchise agreement. In 2012-13, the government received £420m.
To view these statistics, visit ORR’s National Rail Trends (NRT) Portal at: http://dataportal.orr.gov.uk
The NRT Portal – which now has over 2,500 subscribers – gives everyone access to a wide range of rail statistics throughout the year. The NRT Portal holds information in one place and is easy to navigate. New data is uploaded onto the Portal each month.
For more details visit: http://www.rail-reg.gov.uk/server/show/ConWebDoc.11229