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Written question asked by Lord Rosser (Labour) on Thursday, 30 January 2020, in the House of Lords. It was due for an answer on Thursday, 13 February 2020. It was answered by Baroness Vere of Norbiton (Conservative) on Thursday, 13 February 2020 on behalf of the Department for Transport.


Northern Rail Franchise

Question

To ask Her Majesty's Government, further to the Written Statement by Baroness Vere of Norbiton on 29 January (HLWS69), what is the estimated (1) cost, and (2) savings, to public funds arising from, and following, Northern Rail being taken into public ownership on 1 March.

Answer

The financial impact on public funds from the Northern rail franchise being taken into public ownership on 1st March 2020 has not yet been finalised. Financial impacts will include any additional subsidy necessary to deliver current rail services above the cost contracted in 2015.


Secondary information

Type
Written question
Reference
HL1223
Session
2019-21
Related items
A Passenger Focused Railway
Wednesday, 29 January 2020
Written statements
House of Lords
Subjects
Cost effectiveness Nationalisation Northern rail franchise Northern (2016-20)
Contains statistics
Yes
Link
View this Written question on www.parliament.uk