Southern: Finance

(asked on 10th November 2020) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what formula was used to calculate the emergency funding given to Southern Railway to cover the period from (a) 1 April 2020 to 30 September 2020 and (b) 1 October 2020 to 31 March 2021.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 16th November 2020

Schedule 8.A of the Emergency Measures Agreement, outlines the calculation of Franchise Payments from 01 April 2020 – 21 September 2020. In addition, Schedule 8.1A of the Emergency Recovery Measures Agreement outlines the Franchise Payments from 22 September 2020 onwards.

The Emergency Measures Agreement for Govia Thameslink Railway is publicly available, and the Emergency Recovery Measures Agreement will be publicly available in due course.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/917486/govia-thameslink-emergency-measures-agreement.pdf.

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