Woolwich Ferry - Running Cost

Running Cost

For the 18 months of their contract, Serco are being paid £10.7 million to provide the free ferry service. This equates to £7.1 million per year.

In 2003, when the annual running cost of the ferry was around £5 million a year, the effective public subsidy per vehicle crossing was £4.

Read more about this topic:  Woolwich Ferry

Famous quotes containing the words running and/or cost:

    “The road became a channel running flocks
    Of glossy birds like ripples over rocks.”
    —Robert Frost (1874–1963)

    “Greeting people doesn’t cost you anything except a roll of your tongue.”
    —Chinese proverb.