Well at least were getting a little further forward, but you have to ask yourself, if trams were suddenly so useless, why did they spend £70 million on them, without laying a bit of track. They might as well have given £1 million to the chief people on here, to retire for the rest of their life. They seem to be able to come up with more sense than the DfT.
''Todays meeting will be the first public discussion of the Audit Commissions Public Interest Report which criticised the £70m that had been spent on the aborted scheme.
TRAMS were today named as the top transport priority for Merseyside despite already having cost £70m without a single piece of track being laid.
Weak management and inadequate financial reporting mechanisms were blamed.
Merseytravel was also told that it should have engaged better with local councils in the area.''
.........
The cost benefit ratio of the scheme is now understood to stand at 2:1 (£2 of benefit for each pound spent), which was better than when it was first proposed in 2004.
http://www.liverpooldailypost.co.uk...ol-s-tram-plan-back-on-agenda-64375-20488105/
But maybe the real nervousness from the Labour Government, who prefers giving money to scroungers rather than infrastructure is this:
'Just days before losing his post, outgoing rail minister Tom Harris revealed that the Treasury dislikes light rail schemes because of the loss of revenue from car tax and fuel duty.
Addressing the All Party Parliamentary Light Rail Group,Harris said that, when assessing the business case for new light rail systems The treasury sees that as a net loss because of the effect of car tax and fuel duty.
He added: When you have a business model which sees modal shift as a negative, in my view, that needs some work.
Alastair Darling vetoed several light rail schemes when he was transport secretary.'
http://www.railpro.co.uk/issues/pdfs/comment_news_letters_nov.pdf
IS this the same Alistair Darling that gave billions to the banks?