Railways

House of Lords written question – answered on 12th February 2004.

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Photo of Lord Roberts of Conwy Lord Roberts of Conwy Conservative

asked Her Majesty's Government:

What is the current annual total of taxpayer subsidy involved in train leasing arrangements; and

How current taxpayer subsidy is divided between recipient train operators individually.

Photo of Lord Davies of Oldham Lord Davies of Oldham Deputy Chief Whip (House of Lords), HM Household, Captain of the Queen's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords)

Franchise agreements specify franchise payments (whether subsidy or premium) in aggregate annual amounts as established in competition for the franchise. These payments meet the full service requirements specified in the franchise agreement, including train lease costs. The payments for each of the train operating companies are listed on page 141 of the Strategic Rail Authority's 2002–03 annual report which has been placed in the Library of the House.

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