PARLIAMENTARY WRITTEN QUESTION
East Midlands Trains: Bedford (23 January 2018)
Question Asked
To ask the Secretary of State for Transport, what information his Department holds on the value of compensation payments to East Midlands Trains for the loss of revenue for trains stopping at Bedford.
Asked by:
Mohammad Yasin (Labour)
Asked by:
Mohammad Yasin (Labour)
Answer
The Department does not have this information. Negotiations about the impact on the revenue of East Midlands Trains (EMT) from not stopping at Bedford and the compensation that they would receive are yet to begin and in any case will be commercially confidential.
It should be noted that the revenue lost by EMT is expected in large part to be offset by a corresponding increase in revenue for Thameslink, which being part of Govia Thameslink Railway (GTR) will be passed through to the Department under the terms of its Franchise Agreement.
Answered by:
Lord Johnson of Marylebone (Conservative)
30 January 2018
Contains Parliamentary information licensed under the Open Parliament Licence v3.0.