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TPE franchise costs revealed

TPE 350408 stands at Edinburgh Waverley on November 25 2015. RICHARD CLINNICK.

The cost of procuring the TransPennine Express franchise (to the end of November 2015) was £6.9 million, with a further £0.6m to come before the new contract starts on April 1.

“The Government will receive £400m in premiums over the life of the franchise, compared to the previous situation where the franchise was subsidised,” said Jones.

“The franchise will deliver a transformation in services with, for example, an overall capacity boost of nearly 70% across the region during the morning peak and doubling the number of Manchester to Newcastle services from December 2017.”

The figures were given by Transport Minister Andrew Jones in a Commons Written Answer to Jonathan Reynolds (Labour, Stalybridge and Hyde) on December 16. 

 

 

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  • Alan gregg - 02/01/2016 17:27

    If TPE increase Liverpool to Newcastle where else do these services serve in between after all there's more than liver Leeds York Newcastle. So can't these trains say make new services view Settle and Carisle or up WCML and across tyne valley after all you still cross the pennines be it at Leeds to York Sheffield to Leeds or north transpenines. Also destinations on the east coast there's more than Newcastle maybe new destinations of say Sunderland down Durham coast and Yorkshire Coast. Since the TPE and Northern have being kept separate are all they services be able to compete against each other and others.

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