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This time round, it is not just about the oil and gas pricing cycles.From a contractor's perspective, looking back to previous recessions, I can say that recessions are hugely damaging in terms of people because we are forced to react to survive.
As I said, the thing that causes greatest disruption on the road network is driver confusion, so we did not want to put out dates and then change them; rather, we wanted to put out dates about which we were reasonably certain.
To date, discussions on the development of the income supplement have taken place at various stages at an official level, and these are ongoing as the policy continues to be developed.
Questions and Answers
Date answered:
29 August 2018
Network Rail anticipates that the liquidation of Carillion will have no impact on the cost of the project or the scheduled project completion date of March 2019. S5W-14298