Key facts

£8.5bn

total train operating company revenue in England and Wales, in 2013-14

 

£1.2bn

total net payments to the Department from train operating companies in 2014-15

 

82%

average overall increase in payments to the Department across the three franchises let to date, compared to the Department's forecast of what the previous agreements would have delivered

 

15

franchise competitions  in the programme

3

franchises let to date through competitions

£3.3 billion

anticipated value of payments to be returned to the Department over the 8-year InterCity East Coast franchise

3,100

additional seats in the morning peak into London on the InterCity East Coast franchise, partly due to the introduction of new trains

£3.5 billion

anticipated value of payments to be returned to the Department over the 7-year Thameslink, Southern and Great Northern franchise

10,000

additional seats in the morning peak on the Thameslink, Southern and Great Northern franchise, partly due to the introduction of new trains

£2.0 billion

anticipated value of payments to be returned to the Department over the 15-year Essex Thameside franchise

25,000

additional seats in the morning peak into London on the Essex Thameside franchise