The matter of the moment will be what the various candidates for PM say in order to pull in the necessary votes. Tax cutting seems to be #1. Where are the Tory HS2 votes located? As was observed above most likely is a period of delay described as review and general stringing-out of 'commitments' and expenditures. Red wall seats might get some 'promises' come out in about 18-24 months time.
If RMT bring on strikes government will take opportunity to 'beat unions' (it worked for Thatcher- the 'hero'), and promise more roads, and fewer potholes. Few rail fans in government. More reliable, ie fewer, trains.
Fuel duty cuts and air passenger duty cuts aren't necessarily as easy wins as they once were.
It should also be noted that in recent weeks (excluding the few days either side of the bank holiday and the strikes) rail use has been between 85% and 93% of pre pandemic levels.
Given that London to West Midlands/North West/Scotland was about 170% of 2009 levels in 2019, then even at 85% that's still going to be 144% of 2009 levels.
That's not far off the predictions of 150% of 2009 traffic levels at the opening of phase 1. To be within 5% given a major pandemic isn't bad going.
However there's still a bit of time to see further growth/to see more reliable (i.e. regional/TOC specific) data which could show that things are better/worse than this.
Although it's not surprising that those opposed to rail investment will quote out of date data to push their agenda; for example Grant Shapps:
https://hansard.parliament.uk/Commo...ribution-21C4FF28-452C-4F64-AD6C-1C47FE82D010
(My bold)
The railway is in a fight . It is in a fight for its life, not just competing with other forms of public and private transport but competing with Teams, Zoom and other forms of remote working. Today, many commuters who three years ago had no alternative but to travel by train have other options, including the option of not travelling at all. Rail has lost a fifth of its passengers and a fifth of its revenue.
That statement was made on the 20th June, rail passenger numbers were reliably above 80% by 10th May with the data lag being about 3 weeks. As such by there was at least 2 whole weeks of data showing that passenger numbers were over 80% when they statement was made.
Now at the time it could have been a statical blip. However it's likely that the candidates are likely to make reference to that speach to justify cuts to rail/HS2, even though the more recent data confirms that it was not a blip and rail use appears to be (other than around the strikes) appears to be doing reasonably well (the Monday after the strikes was 83% and Mondays tend to be lower than the rest of the week - yes I know that 3% above 80% could be seen as a rounding error, however that's also very much in the two weeks where the data isn't fully set and often the data values go up a little).