7:38 AM 14th October 2021
LNER Economic Impact Greatest In The North Of England
A new report by Steer has found that London North Eastern Railway (LNER) can play a central role helping
the North of England to build back better from the pandemic. The independent report reveals the significant economic, social and environmental benefits that LNER and its services deliver to the North of England, and the additional benefits it can deliver with its planned service improvements in the coming years.
The UK Economic, Social and Environment Value Delivered by London North Eastern Railway, by Steer,
establishes that LNER services and investment are worth £2bn to the UK every year, and that for every £1 spent running and investing in LNER’s services, at least £2 is generated in economic (GVA) impact and an additional £0.83 is generated in wider societal impacts. This includes £688.5m in benefits for the North East of England and Yorkshire and the Humber, which is nearly double the benefit delivered by LNER to London and the South East.
Customer spend, supporting local businesses, is also high in the North of England, with LNER customers
spending £5.4m in Yorkshire and the Humber and £2.53m in North East of England per annum. Another
way LNER supports businesses on its route is by including local products in its catering offer.
Beckleberry’s, based on Tyneside, supplies LNER gourmet desserts, a partnership that has enabled it to expand its home delivery service.
The environmental benefits from choosing rail over air or car travel are also high. Travelling on LNER has meant that there have been 864,000 fewer journeys by air and 240,000 fewer journeys by car per annum. This in turn saves over 170,000 tonnes of carbon emissions per year.
David Horne, LNER Managing Director said: “This independent report by Steer confirms that LNER has a
crucial role to play in the North of England’s recovery and helping the UK reach net-zero. Whether it is our
services, employment, procurement from local suppliers or partnerships with charities, every choice we make has the potential to create new opportunities for the towns and cities we serve.
“Before the pandemic LNER had an annual impact of £2bn – meaning that every £1 spent generated £2
for the wider economy. Our plans for the future, including additional long-distance services, will increase
our economic, societal and environmental contribution much further. It is also clear that encouraging
more people to choose rail over other less environmentally friendly options will be crucial if the UK is to reach its net-zero ambitions.”
The full report can be viewed online https://www.lner.co.uk/globalassets/forms1/booking-forms/lner---value-of-lner---report-v2i-11oct---final-digital-double-page-spreads-min.pdf