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Rail investment and subsidies

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Annual statistics showing subsidies / premiums paid between government and train operating companies, including both nominal values and normalised per passenger kilometre.

For details on how these statistics are compiled, please see our Rail finance methodology and quality report  and for information on any revisions, please see our Revisions Log.

Data and reports that include previous statistical releases on Rail investment and subsidies can be found on the National Archives.

If you have any questions or feedback on these statistics, please contact rail.stats@orr.gov.uk


Latest statistical release

Rail finance 2017-18
Rail finance 2017-18

Date published: 11 Oct 2018
Date next published: TBC

Key results

  • 2017-18: Net government support to the rail industry in Great Britain totalled £6.4 billion in 2017-18 (excluding Network Rail loans). HS2 funding more than doubled to £2.1 billion in 2017-18. Direct rail support, PTE grants and central government grants totalled £4.0 billion in 2017-18. In real terms, this was £601 million higher than in 2016-17.
  • 2017-18: Private investment in the rail industry: A net total of £1.3 billion was invested by private companies during 2017-18.