Severn River Crossing: Ownership

Department for Transport written question – answered on 14th February 2017.

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Photo of Craig Williams Craig Williams Conservative, Cardiff North

To ask the Secretary of State for Transport, when the Severn Bridges will return to public ownership.

Photo of John Hayes John Hayes Minister of State (Department for Transport)

The private concession will end once Severn River Crossing PLC have recovered an agreed amount of revenue from users. This amount is £1,028,910,000 (in July 1989 prices). We expect this revenue to be fully recovered some time between late 2017 and early 2018, depending on traffic flows, and both crossings will return to public ownership after that.

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