The Annual outrage.............

[whole diary]

[grahame]

8p going to the government! I thought they subsidised the railways.

Without knowing anything at all about that graphic or its basis, you could say that:
1. much of the subsidy goes to Network rail, for things that could never be called new infrastructure
2. a subsidy to a TOC^▸ (Train Operating Company) could be added in as negative outgoings, but the alternative argument is that it's not received as part of the fare so can't be part of the breakdown of fares income

Darn it not found the graphic - but the figures are mirrored at https://www.bbc.co.uk/news/business-46398947 - "Reality Check: Where does your train fare go?"

[TonyK]

8p going to the government! I thought they subsidised the railways.

Without knowing anything at all about that graphic or its basis, you could say that:
1. much of the subsidy goes to Network rail, for things that could never be called new infrastructure
2. a subsidy to a TOC^▸ (Train Operating Company) could be added in as negative outgoings, but the alternative argument is that it's not received as part of the fare so can't be part of the breakdown of fares income

Good point. There could be 9p coming back from the government.