Question
To ask the Secretary of State for Transport, with reference to the Answer of 11 January 2016 to Question 21124, what (a) premium and (b) subsidy payments the Northern franchisee is expected to make or receive in each year of that franchise's duration.
Answered on
29 July 2019
The final subsidy paid to Arriva Rail North in 2016/17 was £281m which includes the net financial impact of allowable Changes that have taken place to the Franchise Agreement.
The final subsidy to be paid in respect of the 2017/18 and 2018/19 financial years is still not definitively known, as the financial impact of allowable Changes to the Franchise Agreement is still being finalised.
The final subsidy to be paid this year and in future years will be the contracted amount, again revised due to allowable Changes to the Franchise Agreement.