More passenger journeys

Rail revival continues despite the economic gloom

THE government is grappling with the consequences of a moribund economy where growth has disappeared, despite it being a priority if future state funding commitments are to be met. At least rail passenger numbers and revenue are continuing a revival that has brought demand to within 97% of pre-COVID levels. And there is every prospect that long-term planning assumptions, as part of earlier Network Rail Route Utilisation Studies which forecast passenger numbers would grow by 21/2% annually, will continue to be valid. This will bring back capacity enhancement projects and improve the business case for new services. As always with statistics, varying outcomes can be demonstrated. But the headline figure published by the Office of Rail and Road (ORR) for the three months from July-September 2024 showed that 433 million…

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RAIL (Digital) - 1 Issue, Issue 1027

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