Govia Thameslink Railway (GTR) must contribute £15m towards improvements in services for rail passengers and will make no profit in 2018, the Department for Transport (DfT) has said.
The DfT is “holding GTR to account” for its role in the disastrous timetable chaos in May and said that its “performance after the May timetable change was unacceptable.”
Meanwhile, the Transport Secretary Chris Grayling was on the Today Programme this morning and when he was asked if he should take responsibility for the timetable chaos, he said: “At no point did I get the information that I would have needed to intervene.
“A couple of weeks before this timetable was introduced, the leaders of the industry, the independent body that had been set up to monitor the preparedness of the timetable change sat in my office and said it would be fine.”
“I accept responsibility for myself and the department not asking tough enough questions,” he added.