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die belebende Bedenkung

Best return is sixty quid

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In November 2018, the Beleben blog revealed that 99.5 per cent of the £12,000 raised from the sale of Midland Metro T69 trams went not to public funds, but to RBS bank. These trams were taken out of use after just 15 years’ service, or thereabouts, and somehow ended up as the property of RBS bank.

Following the intervention of the Information Commissioner’s Office, further information has emerged about the costs of the decommissioning of the T69s.

WMCA, costs following T69 tram decommissioning, 10 Apr 2019

In summary then (from what they have said),

  • West Midlands Combined Authority spent ~£130,000 moving and storing the decommissioned trams,
  • shelled out £4.7 million in lease payments on this scrap,
  • and ultimately received, er, £60 from RBS, when WMCA sold the trams for them at e-auction.

[Councillor Roger Lawrence, WMCA]

“After many years of service it’s sad the T69 trams are headed for the breakers yard, but in the absence of any buyers for them as a going concern this represents the best return for the council tax payer.”

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Written by beleben

April 17, 2019 at 11:20 am

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