The rail minister has called the renationalisation of TransPennine Express two years ago a “remarkable turnaround”.
Lord Hendy described TransPennine Express (TPE) as “the blueprint for Great British Railways (GBR)”.
TPE has reduced cancellations by 75% and recorded a 42% growth in passenger journeys over the past two years, according to the Department for Transport Operator, which owns services now under public control until GBR is established.
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It added that the operator generated £1.4 billion in “economic value” during the 2023/24 financial year.
TPE was renationalised under the Conservative government in May 2023 because of poor performance.
The operator’s reliability was badly affected by drivers no longer volunteering to work paid overtime shifts.
TPE launched an improvement plan in October 2023 which prioritised stabilising operations.
Britain’s train services were privatised in the mid-1990s.
The Labour Government began renationalising all remaining franchised train operators in Britain on Sunday, by bringing South Western Railway under public control.
The process is scheduled to be completed by the end of 2027.
Lord Hendy said: “TransPennine Express’s remarkable turnaround shows exactly why we’re bringing our railways back into public ownership as part of our plan for change.
“These impressive results demonstrate what happens when we put passengers and communities first rather than private profit.
“This is the blueprint for Great British Railways: a reliable, accessible and value for money railway that serves the public and drives economic growth not only across the North but the whole country.”
TPE managing director Chris Jackson said: “Public ownership gave us the space and stability to reset.
“Our focus has been on people, our passengers, our colleagues and the communities we serve.
“Two years on, we’re proud to be delivering a better, more reliable railway for the North.”
