Tenth Report - Overview of the English rail system

Select Committee
Public Accounts Committee HC 170 7 July 2021
Report Status Government responded
Conclusions & Recommendations 26 items (7 recs)
Government Response (AI assessment · 25 of 26 classified)
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Tenth report from Session 2021-22 · published 28 Oct 2021

Recommendations & Conclusions

1 results
12 Conclusion Accepted in Part
Since privatisation in the 1990s, cash flows in the rail system have become increasingly complex.
Conclusion
Since privatisation in the 1990s, cash flows in the rail system have become increasingly complex. Although the rail system is privatised, government still provides significant funding for infrastructure operations, maintenance and renewals, and ongoing subsidy for passenger service operations. The … Read more
Government Response Summary
The government acknowledges the need for greater financial transparency, is already publishing some operational support data, and has begun work to develop ‘whole-system’ financial reporting, but will only consider options for publishing this material once complete due to commercial and regulatory constraints.
HM Treasury
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