Skip navigation

Gloucestershire Business News

Severn Bridges return to public ownership

From this morning, tolls to cross both Severn Bridges have been cut, as the bridges return to public ownership.

All operations and management of the bridges will now fall to Highways England. Charges to cross the bridges from England into Wales will no longer be subject to VAT.

The new tolls are:

  • £5.60, rather than £6.70 for a car
  • £11.20, rather than £13.40, for small goods vehicles and small buses
  • £16.70, rather than £20, for large goods vehicles and large buses

The bridges have been owned and managed by Severn River Crossings, a company set up to design, finance and build the second bridge, for many years. The plan was always for them to be returned to the government once the costs of building, finance and operations had been repaid.

Drivers who pay for their crossing by direct debit will have their payments adjusted and will receive any necessary rebates.

The government says it will scrap tolls altogether later this year.

Punchline says this is good news and should help attract customers to businesses in Chepstow and the Forest of Dean - and should also help cut the number of drivers driving through the Forest to avoid paying the tolls.

What do you think? Email 

Related Articles

Top 10 ‘business deaths’

New data shows the 10 industries that suffer the highest ‘death rates’ in the UK.

Click here for more details

Commercial property supply shortages drive record rental growth in Gloucester

Gloucester’s commercial property market proved extremely resilient in 2017, according to the latest figures.

Click here for more details

Rural areas could be short of cash

Over 200 communities in the UK have little or no ATM services - and it could get worse when changes to the LINK network come in.

Click here for more details

Kitchen Garden release new Wolfys Couscous range

Stroud-based producers Kitchen Garden - the brains behind Wolfys Porridge - have launched a lunchtime offering.

Click here for more details

Copyright 2018 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.