Ministers engaging with toll companies over M50 price hike and charges on other roads

MINISTERS ARE ENGAGING with the toll companies over the planned price hikes coming in July, according to Social Protection Minister Heather Humphreys.

“I know that Minister [Eamon] Ryan and Minister [Jack] Chambers are looking at this and I know that they’re engaging with the toll companies,” Humphreys said today. Tolls for cars travelling on the M1, M7, M8, N6, N25 at Waterford and N18 Limerick Tunnel will increase from €2 to €2.10. “The M50 in Dublin, as well as eight routes on the national road network operated under a Public Private Partnership arrangement, will see toll charges rise from July 1 when a six-month deferment of the increases ends,” she said.

“In terms of the PPP model, there needs to be more transparency from the Government on the risk profile for the State. We know from questioning TII in 2022 at the Public Accounts Committee that compensation was paid to two toll operators under a Traffic Guarantee Payments mechanism. Sinn Féin’s Martin Kenny has also hit out against the announcement this week stating that it will be a “massive blow to hard-pressed workers and families, coming in the middle of a cost of living crisis”.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Irish politician's lavish business class flight to Brazil with whopping priceThe Irish Mirror revealed last month that of eight ministers who flew business class for Paddy’s Day trips, four were junior ministers.
Source: IrishMirror - 🏆 4. / 98 Read more »

Minister for Finance will ‘carefully consider’ warnings by the Irish Fiscal Advisory Council, Donohoe saysPaschal Donohoe says it’s too early to predict if there will be more measures to combat rising cost of living in budget but stresses Michael McGrath will heed IFAC’s comments
Source: IrishTimes - 🏆 3. / 98 Read more »