Rail companies called on to make Isle of Wight line sustainable
Train operators will soon be asked to submit ideas for transforming a loss-making Isle of Wight train service into a sustainable business.
The Department for Transport (DfT) has confirmed that it intends to ask the companies bidding for the South Western franchise to maintain services on the Island Line while working to make it profitable.
Some campaign groups feared the service could be dropped in 2017, once the Statecoach franchise ends.
According to the BBC, the leader of Isle of Wight Council, Jonathan Bacon, said: “It was encouraging to hear that the government will include the Island Line in its plans for the next South Western franchise.”
Services on the Island Line are run by South West Trains.
Claire Perry, the rail minister, commented: “I want to see stakeholders work with the next operator to come up with innovative solutions that will reduce the burden on the public purse, while safeguarding the line for years to come.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'