Railways: Franchises

(asked on 17th June 2021) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, what settlement figure his Department agreed after the termination of the rail franchise agreements for (a) Greater Anglia, (b) TransPennine, (c) West Midland Trains, (d) South Western Railway and (e) c2c; what assessment he has made of the value for money of the settlement figures agreed; and if he will make a statement.


Answered by
Chris Heaton-Harris Portrait
Chris Heaton-Harris
Secretary of State for Northern Ireland
This question was answered on 22nd June 2021

The following termination sums were agreed with Train Operators (rounded to the nearest 100,000) – (a) Greater Anglia - £30,500,000, (b) TransPennine - £0, (c) West Midland Trains - £90,500,000, (d) South Western Railway - £68,800,000 and (e) c2c - £7,900,000.

In addition to the termination sums, there are further sums due from certain operators as part of their termination obligations. These are to be finalised and a further update will be provided on these amounts in due course.

The Termination Sums were arrived at following a stringent process which took into account value for money as well as a range of other factors.

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