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Proceeding contribution from Cheryl Gillan (Conservative) in the House of Commons on Wednesday, 26 June 2013. It occurred during Debate on bill on High Speed Rail (Preparation) Bill.


High Speed Rail (Preparation) Bill

Has the Secretary of State had an opportunity to look at the financial results released by Virgin Trains this morning? They indicate that profits are down by 40.5% but revenue is up by 2.8%, which is roughly the same rate as the fare increases, so the passenger increase must be very small. It says that it has now increased capacity by 40%, and this month it started a major advertising campaign to attract passengers. Does that sound like a railway line that is full to capacity?


Secondary information

Type
Proceeding contribution
Reference
565 c339 
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
Compensation Costs Construction Birmingham Cost benefit analysis Greater London Greater Manchester Leeds High speed trains Public consultation Procurement Railway stations Railway network Location Planning blight Nottingham Subsidies Sheffield West Midlands Staffordshire Rolling stock Derby High Speed Two
Legislation
High Speed Rail (Preparation) Bill 2013-14
Link
View this Proceeding contribution on www.publications.parliament.uk