questionText: To ask the Secretary of State for Transport, what subsidy reduction targets her department set for train operating companies in England in (a) 2024/2025 and (b) 2025/2026.
answerText: In 2024/25, the Department’s resource settlement for train operating companies was £2.4 billion, and in 2025/26 it is £2.0 billion. Business plans and net subsidy budgets for train operating companies were agreed to align with and deliver within these set...
heading: Train Operating Companies: Subsidies