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

North’s rail services ‘are good value’

08 August 2014
 

Rail services in the North of England deliver benefits to users, non-users and the wider economy far in excess of the subsidy provided by Government, according to a new analysis by PTE body Pteg, supported by consultant SYSTRA. The report puts the net economic benefits of the regional network at £1.6bn a year. “Only one quarter of these economic benefits accrue to rail passengers themselves,” says Pteg. “The rest come in the form of reduced road congestion, improved...

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