Dr Hoo
Established Member
Noting that compensation claims jumped from £44.9m in 2015-16 to £73.6m in 2016-17 (according to a recent story in RAIL) and that schemes have subsequently become more generous and performance has got worse and travellers have become more savvy I would have thought that over £100,000,000 in 2017-18 was in the right ballpark.Only a fraction of eligible passengers will actually claim, and the cost of the claims will be exceeded by the handsomer Schedule 8 payment they’ll receive from Network Rail
Schedule 8, of course, is compensation for depression of future revenue and nothing to do with Delay Repay. It is no coincidence at all that recent sluggish revenue growth and falling passenger numbers in some areas have followed chronic performance problems at several operators.