David T C Davies
Main Page: David T C Davies (Conservative - Monmouth)Department Debates - View all David T C Davies's debates with the Department for Transport
(9 years ago)
Commons ChamberI agree that more needs to be done to improve the links between Sheffield and Manchester, and I very much hope that when we announce the new franchise for both TransPennine and Northern Rail we will go some way to meeting the demands for that. The two projects the hon. Gentleman specifically talks about are huge projects. Work is being done at the moment by Colin Matthews on whether a tunnel is the right way forward, and we will expect more updates on that by the Budget of next year. I do understand the hon. Gentleman’s points on HS3 and the infrastructure commission will look at them.
T6. Figures released by the Department show that the Severn bridge is currently generating about £78 million-worth of profit over and above the cost of maintenance of that bridge. Does that not go to prove that as soon as it goes back into public ownership on 1 April 2018, there is a great opportunity for this Government to slash the tolls on the bridge—bring it down to under £1 per car —and still have enough money to pay for the maintenance of it?
The toll levels are currently set by the concessionaire, Severn River Crossing, to repay the construction, finance, maintenance and operations costs. We are expecting the costs to have been recovered early in 2018, and at that point the concession will end and the crossings will revert to the UK Government. We are currently working on what the future of tolling might be. I have heard what my hon. Friend has said and I will keep him updated on progress.