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Railways: Franchises

Volume 458: debated on Thursday 29 March 2007

To ask the Secretary of State for Transport what adjustments he has made to his Department’s working assumptions on future projected revenues from rail franchise premium payments following the collapse of the GNER franchise. (124832)

We do not specify the levels of premium or subsidy payments that bidders may propose in franchise competitions. The Department maintains a close review of the current and projected future financial health of currently operating franchises.