Written Question·Treasury·UIN 84269

Railways: Nationalisation

Tabled: 22 October 2025
Answered: 27 October 2025
Named Day

Question

Mr Richard Holden

Conservative — Basildon and Billericay

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of nationalising the rail network on the Government's (a) balance sheet, (b) debt and (c) future liabilities in each of the next ten years.

Answer

James Murray
The Office for National Statistics (ONS) are responsible for classification decisions and measurement of public debt. Both publicly and privately owned DfT-contracted train operating companies are already included in the public sector, classified currentl...
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