Railways: Finance

Department for Transport written question – answered at on 23 November 2022.

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Photo of Louise Haigh Louise Haigh Shadow Secretary of State for Transport

To ask the Secretary of State for Transport, what proportion of the £1.5 billion in annual savings identified by his Department from the Rail Transformation Programme derive from workforce changes.

Photo of Huw Merriman Huw Merriman Minister of State (Department for Transport)

In the Plan for Rail the Department committed to the delivery of annualised savings of £1.5bn by 2026/27. The delivery of these savings comes through a new commercial model, an improvement in fares ticketing and retail, and a new industry structure. The largest share of these savings are anticipated to be from workforce reform - and in delivering a sustainable railway fit for the future they will help to ensure the railways offer sustainable, well-rewarded, jobs into the future.

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