News
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Rail revenue grows by 11% year-on-year as July-September 2024 sees no industrial action
- All passenger journey purposes saw year-on-year revenue growth, with commuting achieving the highest percentage growth: Commuting (12%), Leisure (10%), Business (10%), Overall revenue growth (11%). [Commuting statistics exclude London]
- Quarterly revenue from commuting has recovered to 89% of pre-pandemic levels.
- July to September 2024-25 (Q2) saw no industrial action hinder revenue growth.
- Q2 last year was heavily impacted by industrial action, with an estimated £96 million of revenue lost due to the action.
Railway 200 ‘once in a generation’ opportunity featured in Rail Director
Customer & Revenue Growth Director Suzanne Donnelly and Railway 200 Programme Manager Emma Robertson share their enthusiasm for next year’s 200th anniversary of the modern railway in the latest issue of Rail Director magazine.
Rail Campus Derby officially launched
Local government partners and rail industry leaders came together to speak about this unique opportunity and what it means for the future of our railway
Business travel by rail grows 21% year-on-year
- Rail passenger revenue from business travel grew by 21% in April – June (Q1) 2024, compared with the same period last year, analysis of the latest rail statistics by Great British Railways Transition Team (GBRTT) shows.
- Choosing rail travel over a petrol or diesel car results in lower carbon emissions for 93.8% of business journeys across Britain, research shows.
- Commuting (+7%) and leisure travel (+7%) also saw a year-on-year uplift.
- Leisure travel boosted as global megastar Taylor Swift played to sold out crowds across the UK in early summer.
Next stop – a more inclusive and representative railway!
- 'Next Stop - Your Future' launched, empowering learners with new skills and experiences, to drive positive change both within their organisations and across the industry
Transforming the way rail forecasts revenue in post-pandemic Britain
Demand for rail has become more discretionary since the pandemic.
GBRTT publishes latest Train Travel Snapshot
Each quarter, Great British Railways Transition Team (GBRTT) publishes analysis of the latest rail statistics, unpicking the reasons people are travelling and consequences for national rail revenue.
Introducing GBRTT’s latest Commercial Partnerships Sounding Board cohort
Bringing rail clients and the supply chain together to support our ambitions for a simpler, better railway
Visualising track and train finances together
A new tool for operational decision-makers
Commercial Partnerships Sounding Board summary of findings published
“Trust, honesty, and accountability in business relationships are crucial to foster innovation in the railway.”
“The backbone of a more integrated transport system”
Working at a local level to achieve a seamlessly integrated transport system that is fit for the future.
Be heard: Join GBRTT’s Commercial Partnerships Sounding Board
- Great British Railways Transition Team (GBRTT) is looking for senior leaders working in the rail and non-rail supply chain to join the latest cohort of its Commercial Partnerships Sounding Board.
- To express your interest in joining, please read the criteria and complete the online form by 17:00 on Friday 3 May 2024.