This content is part of the feature: Rooney weighs the evidence for Tyne & Wear’s pioneering bus QC
Gunnar Niels, a partner at economic consultant Oxera, which was appointed by operators to scrutinise the Nexus plans, told the hearing:
“In essence, from an economic perspective, taking on this huge financial and commercial risk to deal with a funding deficit is not a sound policy. The proposed QCS is in essence a commitment by Nexus for ten years, a £1.6 billion...
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