New GBRTT figures out today - Leisure travel strongly boosts rail revenues

17 November 2023

New figures from the Great British Railways Transition Team published today show that an upturn in leisure travel has boosted quarterly rail revenue by £295 million. Analysis of the latest rail statistics shows revenue from leisure travel grew by a fifth (19%) quarter-on-quarter.

The numbers also reveal an increase of 6% in commuting and business travel revenues up 8% in the second quarter of this year (1 April to 30 June 2023) with more people going into the office on more days.

Commenting on the figures, Darren Caplan, Chief Executive of the Railway Industry Association, said: “These hugely encouraging GBRTT numbers are further evidence that passengers are returning to the railway in a big way.

“It’s a reminder that as a country we must not take our foot off the pedal of rail investment, and that we need to think about future demand today by planning capacity for tomorrow. Rail growth, both now and in the decades ahead, can only be achieved by a reformed railway alongside a long-term plan with a visible pipeline for rail suppliers. Ultimately this benefits customers - both rail and freight - as well as the public purse, which gets better value for money as we seek to develop world-class rail infrastructure and rolling stock in the months and years ahead.”

Notes to Editors
  1. About RIA: The Railway Industry Association (RIA) is the voice of the UK rail supply community. We help to grow a sustainable, high-performing, railway supply industry, and to export UK rail expertise and products. RIA has 350+ companies in membership in a sector that contributes £43 billion in economic growth and £14 billion in tax revenue each year, as well as employing 710,000 people. It is also a vital industry for the UK’s economic recovery, supporting green investment and jobs in towns and communities across the UK; for every £1 spent in rail, £2.50 is generated in the wider economy. RIA’s membership is active across the whole of railway supply, covering a diverse range of products and services and including both multi-national companies and SMEs (60% by number). 
  2. Infographic courtest of GBRTT: