Urban and rural rail services are more costly to provide than previously thought, and the taxpayer pays almost £200m a year to keep the rail network capable of carrying freight, according to a new method for allocating rail industry fixed costs commissioned by Network Rail.
Brockley Consulting, a specialist in regulatory and competition matters, has developed a method for allocating fixed costs of the rail network between operators. Says Brockley: “There does not [currently]...
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