East Coast Railway Line: Finance

(asked on 20th July 2021) - View Source

Question to the Department for Transport:

To ask Her Majesty's Government, further to the reply by Baroness Vere of Norbiton on 15 July (HL Deb, col 1945), what were the principal elements in the estimated £60 million a year in increased revenue from the operation of the proposed new East Coast Mainline timetable.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 3rd August 2021

Under the proposed timetable London North Eastern Railway (LNER) passenger numbers are expected to increase as a result of shorter journey times between key destinations, supporting the Government’s decarbonisation plans. It will also enable the addition of 30 per cent more trains per hour and these additional services would provide a significant increase in capacity creating opportunities for increased revenue.

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