Annual report and accounts

Our Annual Report and Accounts outlines our performance during 2024/2025.

This year, when people are celebrating the 200th year of our railway, we are looking forward to the future and preparing our industry for a new challenge as we become Great British Railways.

We have come a long way since COVID, with passenger numbers and revenue rising, but the bedrock of commuting no longer provides the financial foundation it did. Now, people are travelling with us because they choose to and we are focussing on giving them good reasons to make that choice.

After 40 years in the railway industry, this will be my final Annual Report, and I’m pleased and proud to say I am leaving an industry that is growing again and ready for the future.

Sir Andrew Haines, chief executive

Our Annual Report 2025

Annual reports archive

Search Results

Related pages

London night moving trains
A lot of detail goes into our work – it’s why we publish regular updates and make them available to all. In this section you can find publications, reports and resources that give the full picture on...
Scotland’s-Railway
Our Control Period 7 (CP7) delivery plan sets out our planned activities, outputs and expenditure of operating, maintaining and renewing the mainline railway infrastructure in Great Britain (GB) over the next five years (between 1...
Overlooking-station-work
The annual return reports on our achievements, developments and challenges during the year. And on progress during the control period. It is the primary means by which we report progress in delivering outputs established in the last...