Rail industry finance (UK)

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This is a new statistical release for 2019-20 that brings together the previous rail finance statistical release (government subsidies and private investment) with a more detailed breakdown of industry income and expenditure previously published in the UK rail industry financials.

For details on how these statistics are compiled, please see our Rail finance quality and methodology 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. Previous UK rail industry financial reports can be found on the ORR website.

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


Latest statistical release

Rail industry finance (UK) 2019-20
Rail industry finance (UK) 2019-20

Date published: 26 Nov 2020
Date next published: TBC

Key results

  • Total rail industry income in 2019-20 was £20.1bn, a 5.3% increase from 2018-19. This consisted of £11.6bn from passengers (£10.4bn of fares and £1.2bn of other train operator income), £6.5bn from government funding and £2.0bn from other sources.
  • In addition to the £6.5bn of support for the operational railway, government provided £1.8bn in funding for enhancements to the existing network and £2.5bn towards the High Speed 2 project.
  • Total expenditure in 2019-20 was £20.2bn, a 4.0% increase from 2018-19. This consisted of £10.6bn of franchised train operator expenditure, £8.4bn of Network Rail expenditure and £1.1bn of expenditure by other parts of the rail industry.