Work Pipeline Visibility and Cash flow are Top Priority for Rail Businesses according to the Rail Supply Group

Yesterday the Rail Supply Group (RSG) published two reports, its latest industry-wide Pulse Survey Results – detailing the impact of the coronavirus pandemic on rail businesses – and its ACT NOW update on improving ‘Work Pipeline Visibility’.

In Spring 2020, the Government asked the RSG to form a COVID-19 Taskforce to put in place measures to support the rail industry and accelerate the Rail Sector Deal priorities that would bring about the best possible and fastest recovery.

The survey results from 399 companies showed that a large number of businesses across the rail sector remain very concerned about their future, and many are experiencing difficulty. However, there are signs of improvement, with fewer businesses reporting reduced revenue and demand than in Spring 2020.

To read the full press release or find out more information about the resuls, click here