The Rail industry in Britain

Britain's railways are vital to the country's economy. More people and more goods than ever move by train today – the number of passenger journeys rose by more than 50% between 2003 and 2013 and the railways carry 17% more freight than in 2001. In 2012 alone, over 1.5 billion passengers used the rail network – an increase of 8%. That's 24,000 trains every day.

Figures suggest that demand will continue to rise, with 14% more passengers and 19% more freight forecast by 2019. Improvement projects are planned to increase capacity of the railways and keep pace with growing traffic. These include Crossrail, the Edinburgh-Glasgow Improvement Project and the Northern Hub. More generally, electrification of the network will continue, for example the South Wales mainline, and there will be improved railway links to ports and airports across Britain.

Read about railway funding in Britain

Railway funding in Britain

Funding for Network Rail and the train and freight operating companies comes from a combination of passenger fares, government subsidy and commercial operations.

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