Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

East Coast record premium

18 October 2013
 

State-run train operator East Coast paid a record £202.8m premium last year (2012: £188.6 m). 

Figures released by Directly Operated Railways Ltd (its state-owned holding company) for the financial year to 31 March 2013, show that turnover increased 4.2% to £693.8m (2012: £665.8m). This figure also includes the proceeds from parking, catering and commissions from other operators’ ticket sales, though passenger revenues remain the main source.

However,...

+57% more

 

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