Andrew Rosindell – 2016 Parliamentary Question to the Department for Transport
The below Parliamentary question was asked by Andrew Rosindell on 2016-01-05.
To ask the Secretary of State for Transport, if he will press rail companies to use increases in revenue to invest and upgrade rail infrastructure.
Claire Perry
The railway is funded by both taxpayers and passengers. Network Rail own the infrastructure, not the train operators. The government is using the increased revenue, which is paid in franchise premiums to the Department for Transport, to help fund Network Rail’s investment programme. This will see them spend over £38 billion in the period 2014-19 on maintaining and improving rail infrastructure, in the biggest and most comprehensive programme of railway modernisation since the Victorians.