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Big cut in subsidy looming for Wales and Borders franchise

RAIL

Rhodri Clark
10 November 2017
Arriva: withdrawn from franchise competition
Arriva: withdrawn from franchise competition

 

The Welsh Government is budgeting for a large reduction in rail subsidy as soon as the new Wales and Borders franchise begins next year. The news came as incumbent operator Arriva announced its withdrawal from the competition for the new franchise. 

The subsidy reduction appears to equate to about a third of the current franchise’s support, although the Government says this depends on the outcome of the on-going procurement process and negotiations with the UK Government.

Welsh...

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