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  • The Railway Magazine

    Time to think outside the box?

    Jun 29, 2020 2 minutes
    CHRIS MILNER, Editor
    KENNY FELSTEAD

    MORE than three months into the Emergency Measures Agreements (EMAs) which suspended the normal financial mechanisms of franchising, figures show this support has cost taxpayers around£3.5billion so far.

    These EMAs are in place for a minimum of six months, and by the end of September will have cost the Government £7bn. Then what? Will they be extended?

    There are predictions EMAs could be

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