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HS2 overhang blamed for eating up DfT capital spend whilst rail subsidy ‘has to be cut’

04 December 2025
 

Heidi Alexander was challenged on the level of DfT’s spending resources, and how performance was measured , and how to improve the finances of the railways.

Olly Glover MP pointed out that following the spending review, the Resolution Foundation calculated that real-terms per-person investment by the Department will be 4.1% lower in 2029-30 than it was in 2023-24. How was she going to achieve her ambitions with less money?

Alexander explained that when you look at capital investment in...

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