Northern avoids losses of over £600m thanks to Government help

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Northern avoids losses of over £600m thanks to Government help
Danmark Seneste Nyt,Danmark Overskrifter
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Northern said its commercial teams 'meet every week' to reduce the risk of crowding

Losses would have totalled more than £600m at train operator Northern had it not received Government support during its latest financial year.

In Northern's previous financial year, the company received £782m from the Government through the Service Agreement subsidy.A new Service Agreement was granted by the Government in February this year that runs until March 1, 2025, with an option for an additional two years. "We're continuing to see a positive recovery in demand on leisure services, although we still have capacity on many routes and services. Weekends have seen the biggest recovery.

"Thanks to the hard work of all our teams, we're making progress on recovery, although we still have a long way to go." The accounts come after Northern's managing director, Nick Donovan, appeared in front of the Commons’ Transport Select Committee.

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