18
Department and HM Treasury fundamentally disagreed on GBR's remit, independence, and commercial model from the outset.
Conclusion
The Department intended that Great British Railways (GBR) would act as the ‘guiding mind’ for the railways, with responsibility for the whole rail system.40 But the Department and HM Treasury disagreed on key areas of rail reform from the start, including GBR’s remit and level of independence, the extent to which it or the private sector should set fares and services, and views on how best to maximise rail revenue and manage costs.41
Source
Committee
Public Accounts Committee
Report
Thirty-Eighth Report - Rail reform: The rail transformation programme
27 May 2024
HC 652
Addressee Bodies
HM Treasury
Timeline
Recommendation age
2.0 yrs
Report published
27 May 2024