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Forth Bridge not earning enough
17th June 1966, Page 45
17th June 1966
Page 45
Page 45, 17th June 1966
— Forth Bridge not earning enough
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THE Forth Road Bridge will complete its first £1m. in takings this month. However, despite the 2s. 6d. toll paid by 55 out of every 56 vehicles crossing, the bridge is not earning enough to meet the annual interest repayable to its financiers.
This year, too, the first annual payment of £15,000 is due to the railway authorities as compensation for traffic abstracted from rail. Traffic has been building up, with an average monthly increase of 104I per cent this year over last— but not fast enough to meet its obligations, which stand at £14.5m. advanced from Treasury sources.