Passengers bearing greater share of rail travel costs as subsidy falls by a sixth
Revenue from fares reaches £8.2bn, making up 61.5% of the industry’s income, with rest made up of state subsidy
Passengers are bearing an ever greater share of the cost of train travel, with government subsidy falling by almost a sixth since 2011, according to figures from the rail regulator.
In the fullest disclosure of the railway’s tangled finances, the Office for Rail Regulation figures showed that the taxpayer subsidy dropped a further 8% in real terms last year, while passenger numbers continued to grow.
Source: Guardian Transport