The Transport Committee hears from rail professionals as part of its inquiry into the Intercity East Coast rail franchise.
Monday 21 May 2018, Grimond Room, Portcullis House
- Iryna Terlecky, Director, TBI Consulting Ltd
- Nicola Wood, Director, UK Rail Advisory Ltd
- The Rt Hon the Lord Adonis
- Elaine Holt, Former Chief Executive, Directly Operated Railways
Focus of the session
The Committee hears from rail professionals to understand how franchising has evolved in recent years and how financial risk and uncertainty is manages in the franchise bidding process. In the context of the recent decision to transfer control of this franchise back to the public sector, the Committee also hears from Lord Adonis and Elaine Holt, both of whom were at the helm the last time this situation occurred in 2009.