Question to the Department for Transport:
To ask Her Majesty's Government, further to the Written Statement by Baroness Vere of Norbiton on 29 January (HLWS69), what is the estimated (1) cost, and (2) savings, to public funds arising from, and following, Northern Rail being taken into public ownership on 1 March.
The financial impact on public funds from the Northern rail franchise being taken into public ownership on 1st March 2020 has not yet been finalised. Financial impacts will include any additional subsidy necessary to deliver current rail services above the cost contracted in 2015.