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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