Rolling Stock Companies: Taxation

Treasury written question – answered at on 9 January 2026.

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Photo of James Murray James Murray The Chief Secretary to the Treasury

Rolling stock leasing companies (ROSCOs) play an important role in the transport industry, bringing benefits to both taxpayers and passengers.

Great British Railways will work with ROSCOs and manufacturers in an effective and streamlined way. The government will also develop a long-term strategy for rolling stock, which will support manufacturing and ensure a stable pipeline of work.

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Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

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