Source · Select Committees · Public Accounts Committee

Tenth Report - Overview of the English rail system

Public Accounts Committee HC 170 Published 7 July 2021

Report Status

Government responded

Conclusions & Recommendations

26 items (7 recs)

Source

View on Parliament website ↗

Government Response

AI assessment · 25 of 26 classified

Accepted 16

Accepted in Part 1

Acknowledged 3

Deferred 4

Not Addressed 1

Government response

Treasury minutes: Government response to the Committee of Public Accounts on the Tenth report from Session 2021-22 · published 28 Oct 2021

Read the government response ↗ Response on the Index

Recommendations & Conclusions

1 item

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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