PARLIAMENTARY WRITTEN QUESTION
Train Operating Companies: Investment (2 September 2024)

To ask the Secretary of State for Transport, what assessment she has made of the potential impact of the transition from private to public ownership on train operating company investment programmes.

Asked by:
Wendy Morton (Conservative)

The process of transitioning railway passenger services into public ownership should not impact investment programmes. The vast majority of investment is already funded from public sources under current arrangements. Existing projects will be able to continue unless there is a good reason for review. The Department will work closely with private sector Train Operating Companies and Network Rail during the planning process to understand the position of any relevant investment programmes.

Answered by:
Simon Lightwood (Labour)
10 September 2024