Quarterly statistics for passenger rail usage for the period between April 1 and June 30 this year, published by the Office of Rail and Road at the beginning of October, reveal that the revenue outturn is running at 84% of pre-COVID receipts.
Five years ago, income for the corresponding quarter was £3.4 billion (when updated to reflect current day value), compared with the £2.8bn paid by rail users this year. On an annualised basis, that amounts to a shortfall of £2.4bn.
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