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Financials of Welsh rail franchise revealed

RAIL

28 September 2018
 

Welsh transport secretary Ken Skates has revealed  how the £5bn of public funding for the 15-year Wales and Borders rail operating contract is made up. 

Skates said that about 64 per cent represented subsidy for the operating costs of rail services, 19 per cent was for infrastructure management costs and 17 per cent for upgrading the Core Valley Lines infrastructure.

Separately, Transport for Wales (TfW) has disclosed the financial parameters that it set for bidders for the...

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London Borough of Havering
Town Hall, Romford, Essex, RM1 3BB, GB
Grade 9 £51,093 - £55,155 pa
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