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Proceeding contribution from Chris Mole (Labour) in the House of Commons on Thursday, 25 February 2010. It occurred during Adjournment debate on Rail Fares and Franchises.


Rail Fares and Franchises

Given that the principal factor in the failure of the National Express east coast franchise bid was the uncertainty about whether it had made a robust assessment of forward economic projections, and if the hon. Gentleman and his party are suggesting that a 20-year franchise is the magic bullet that fixes all franchises, how does he anticipate a business being able to forecast the economic scenario that far into the future with sufficient confidence to allow it to commit to such a long franchise?


Secondary information

Type
Proceeding contribution
Reference
506 c147WH 
Session
2009-10
Chamber / Committee
Westminster Hall
Subjects
Capital investment Contracts for services Fares Infrastructure Franchises East Coast main line Railways Passengers Regulation Tickets National Express
Link
View this Proceeding contribution on www.publications.parliament.uk