A reduction in charges for using the Severn Crossing looks further away than ever, after transport minister Stephen Hammond reiterated the government’s intention to maintain the tolls after the crossing reverts to public ownership in 2018. Speaking to the House of Commons Welsh Affairs Committee on 18 June, Hammond said the charges would continue in order to pay down debts secured against toll revenues, understood to be around £88m. He also indicated that no decision had yet been taken about […]
South Wales haulier John Raymond Transport suffered a drop in pre-tax profit of over 99.7% in the last financial year, accounts lodged at Companies House have shown.
The establishment of a new entity to manage the Forth Road Bridge and the new Forth crossing will not give rise to the reintroduction of tolls there, a spokesman for the current crossing operator has confirmed.
The Severn Crossing tolls will be reduced next year ahead of being scrapped entirely, the government has confirmed.