Source · Select Committees · Transport Committee
Recommendation 17
17
Absence of long-term rolling stock strategy created damaging boom-and-bust investment cycles.
Conclusion
The pattern of boom and bust has been especially apparent in rolling stock investment. There is widespread agreement, including from the Government, that the absence of a long-term rolling stock strategy, aligned to a similar strategy for infrastructure, has resulted in damaging missed opportunities and fluctuations in orders over many years. (Conclusion, Paragraph 90)
Government Response
A response document is linked to this report, dated 1 May 2026. Response attribution to this conclusion has not been verified. Read the response document ↗