Severn Bridge: Tolls

Lord Kinnock Excerpts

Wednesday 24th June 2015 Lords Chamber

[Lord Ahmad of Wimbledon]

The noble Lord raises a valid question about the issue of maintenance costs. It is estimated that by the end of the concessionary period, £88 million of the actual costs of construction will still need to be recuperated. On current estimates, on the basis of what is currently collected, a period of one to two years will be required after that concessionary period ends. There is no specific calculation with regard to maintenance costs.

[Lord Kinnock (Lab)]

My Lords, few would argue that a toll was not justified in order to finance the construction and early development of the second Severn crossing. The question now being posed, as it has been posed by the noble Baroness, Lady Randerson, is what is to happen in future. At the very least, should not the toll be hugely modified to cover the essential maintenance costs, while no longer being at a level that will impede the development of the Welsh economy by inflicting unnecessary and abnormal costs?

[Lord Ahmad of Wimbledon]

This Government support the Welsh economy. Indeed, the usage of both crossings has actually shown a marked increase. The noble Lord raises the valid issue of the continuation of the tolling. However, if the tolls were taken away today, that would have an impact on the concession agreement that was reached. For that to be recovered, a further period of time would have to be taken into consideration. That said, at the end of the concessionary period all stakeholders, including the Welsh Government, will be part and parcel of the discussions on the ongoing maintenance and management of the two crossings.