Lord Snape

The Ely Area Capacity Enhancement was assessed as having a Benefit Cost Ratio of 4.89 against a cost estimate of £489m at Outline Business Case stage, at the point the programme was paused in 2022.

We are focused on prioritising the schemes that will make the greatest difference for passengers and support economic growth as quickly as possible. The previous government had committed to a number of projects that were unfunded, including the EACE scheme.

Fares, ticketing, and retail will continue to be the responsibility of train operators until Great British Railways is established. Through future legislation, we will set out the role we expect Great British Railways to play in relation to operational aspects of the railway.

Fares, ticketing, and retail will continue to be the responsibility of train operators until Great British Railways is established. Through future legislation, we will set out the role we expect Great British Railways to play in relation to operational aspects of the railway.

Fares, ticketing, and retail will continue to be the responsibility of train operators until Great British Railways is established. Through future legislation, we will set out the role we expect Great British Railways to play in relation to operational aspects of the railway.

This Government has set out its ambition to simplify the ticketing system and drive innovation across the network. Affordability is one of our key objectives – so that prices are kept, wherever possible, at a point that works for both passengers and taxpayers.

Once established, I expect Great British Railways to consider the potential for loyalty schemes, as part of our intention to encourage the highest number of passengers to use our railways.

The Block Grant Transparency publication breaks down all changes in the devolved governments’ block grant funding from the 2015 Spending Review up to and including Main Estimates 2023-24. Where funding for the Lower Thames Crossing has been allocated at a fiscal event or Estimates, the publication will confirm the total Barnett consequentials received by the devolved governments. The most recent report was published in July 2023 [1]. An updated report will be published in due course.

At spending reviews, the Barnett formula is applied to the overall change in a department’s settlement using the department’s comparability factor. This means Barnett consequentials generated at spending reviews in relation to the Lower Thames Crossing specifically cannot be determined.

For any future spending on the Lower Thames Crossing, Barnett consequentials will be confirmed when UK Government departmental budgets change.

[1] You can access this report via the following link: https://www.gov.uk/government/publications/block-grant-transparency-july-2023