The Severn Crossings Toll

The Severn Crossings Toll

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The Welsh Affairs Committee considers the impact of the Severn Crossings Toll on the economy of South Wales and beyond. The Severn Crossings are seen as a vital link for the people and business located in South Wales and beyond. In the Committee's view, while the Crossings, currently managed by Severn River Crossings Plc, bring many valuable benefits including reduced journey times and improved access to customers and suppliers, there is a perception that the high cost of the toll represents a barrier to business. The Committee found that much evidence about the toll's impact is anecdotal and recommends that empirical evidence should be gathered about the economic impact of the toll on both sides of the border. The report is also critical that the inflexibility of the Severn Crossings Act does not allow the toll to be reduced without the taxpayer bearing the cost and is disappointed that it has not proved possible for the Toll to be frozen for 2011. The report concludes that the end of the concession projected for 2017, provides an opportunity to re-examine the pricing policy for the Severn Crossings. The Committee argues that once the bridge returns to public ownership and its current debt is paid off, the cost of maintenance and toll operation will be a fraction of the current monies raised by the toll charges and concludes that there is a strong case for significantly reducing the cost of the toll.highest tolls on a road infrastructure anywhere in the UK, and with RPI already exceeding 5% this year, users can only ... that John Laing Ltd with GTM- Entrepose were successful in their bid to design, build and finance the Second Crossing. ... first being a seasonal TAG and the second a Trip TAG, both require a deposit of Ap30.00 per unit and a prepaid account. ... be allowed as a payment method for crossing the bridge, but still people cannot pay by credit card, debit card or online.


Title:The Severn Crossings Toll
Author: Great Britain: Parliament: House of Commons: Welsh Affairs Committee
Publisher:The Stationery Office - 2010-12-01
ISBN-13:

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