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House tariff could pay for Oxford-Milton Keynes railway re-opening

15 March 2007
Passenger services between Milton Keynes and Oxford could be introduced with the help of a tariff on new house sales within five or ten miles of the railway, the report suggests
Passenger services between Milton Keynes and Oxford could be introduced with the help of a tariff on new house sales within five or ten miles of the railway, the report suggests

 

The consortium of local authorities backing an East-West Rail route between Oxford and Milton Keynes is proposing a new tariff on housing development adjacent to the route to raise the funds needed to build the project.

A new report for the East West Rail Consortium (EWRC) which is currently promoting the western section of the line between Oxford and Milton Keynes suggests the new tariff could be used to raise £100m of the estimated £134m needed to build the least expensive 'base...

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