Steve McCabe – 2016 Parliamentary Question to the Department for Transport
The below Parliamentary question was asked by Steve McCabe on 2016-10-07.
To ask the Secretary of State for Transport, pursuant to the Answer of 13 September 2016 to Question 45695, what proportion of rail fares paid by passengers are reinvested in the railways by Network Rail.
Paul Maynard
The Office of Road & Rail calculates that 97 pence in every pound raised from passenger journeys is spent on running or improving the railway by Network Rail and the Train Operating Companies. Approximately 26 pence in every pound is reinvested through capital enhancements and renewals.[1]
The Rail Delivery Group calculates that 97 pence in every pound raised from passenger journeys is spent on running or improving the railway by Network Rail and the Train Operating Companies. Approximately 26 pence in every pound is reinvested through capital enhancements and renewals.[1]
[1] http://www.nationalrail.co.uk/times_fares/ticket_types/83871.aspx
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