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The Government receives a surplus from train operators

Norman Bradbury, Worcester Park, Surrey KT4
10 June 2016
 

With reference to your editorial piece comparing policy on buses and trains (‘Same, but different’), you refer to “thousands of loss-making rail services operated across the country with public subsidy”. You should be aware that train operating companies (TOCs) have for the last four consecutive years returned more money to government through premium payments than they received from subsidies, so much so that the DfT made a surplus from the TOCs amounting to £802m...

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