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Subsidy and costs up on Welsh franchise

Rail

22 November 2019
 

The cost and subsidy of Wales and Borders rail operations increased in the first half-year of KeolisAmey’s new contract, Transport for Wales’ accounts have revealed.

When Transport for Wales was procuring the 15-year contract, officials said they expected the new operator to receive similar revenue support to that previously paid to Arriva Trains Wales (ATW) but that the new contract would achieve much more by making better use of the funding.

TfW’s annual report records that...

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