Written Question·Department for Transport·UIN 112774

Train Operating Companies: Subsidies

Tabled: 11 February 2026
Answered: 26 February 2026

Question

Alex Mayer

LabourDunstable and Leighton Buzzard

To ask the Secretary of State for Transport, what subsidy reduction targets her department set for train operating companies in England in (a) 2024/2025 and (b) 2025/2026.

Answer

Simon Lightwood
In 2024/25, the Department’s resource settlement for train operating companies was £2.4 billion, and in 2025/26 it is £2.0 billion. Business plans and net subsidy budgets for train operating companies were agreed to align with and deliver within these set...

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