Proceeding contribution from David TC Davies (Conservative) in the House of Commons on Thursday, 19 May 2011. It occurred during Adjournment debate on Severn Crossings Toll.
Severn Crossings Toll
I apologise. The hon. Member for Swansea West (Geraint Davies) made a point about the potential level of the toll after 2017. I think that he will agree that it was a back-of-the-envelope calculation, and I am sure that it can be corrected. I shall address the figures to which he has alluded. The current annual revenue from all the tolls is about £76 million a year. The current cost of maintaining the bridge is £15 million. I estimate, therefore—this is purely a back-of-the-envelope calculation—that it would be feasible to levy the toll at about £1.50 and still be able to maintain both bridges. Obviously, there may be other factors that the Welsh Affairs Committee has not been made aware of.
Secondary information
- Type
- Proceeding contribution
- Reference
- 528 c169WH
- Session
- 2010-12
- Chamber / Committee
- Westminster Hall
- Subjects
- Bridges Taxation Repairs and maintenance Tolls Severn river crossing
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 22:40:01 +0000
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