The rail sector plays an important role in providing employment across Great Britain, both directly in the industry (through employment by TOCs, FOCs and Network Rail) and indirectly through the supply chain.
In addition, as a key component of the transport infrastructure in Great Britain, the rail sector provides significant economic benefits by enabling other sectors of the economy to be more productive. Read the report here.
Share Radio spoke to Oxera Partner, Andrew Meaney, about the economics of investment in high-speed rail. Listen here.