From our Swindon Correspondent:
From the Guardian
Under a framework agreement signed by the four main transport unions and rail employers, voluntary redundancies will be sought throughout the railway to close the funding gap from an 80% decline in passenger revenue since the start of the pandemic.
The document states that the current level of government support, of around £800m a month, “is not unlimited and is not sustainable”, and that “train service levels will be curtailed, reduced or flexed in the future”.
While only about 85% of normal timetabled services are running, passenger numbers are just over 40% of 2019 levels, and the industry is not expecting the numbers to grow beyond 80% of pre-Covid traffic.