(Yesterday, 7:49 pm)Kimlfixit wrote Pretty careless omission

https://www.bbc.co.uk/news/articles/cx2k2x7vywjo

I appreciate doesn't sound as sexy as their headline, but it's £104 million indexed over 30 years, which is approx £2.3m per annum unindexed. 

What the article doesn't state, is that the accountants classed this as non-material for the purpose of the franchising scheme assessment for a number of reasons. The main being that "existence of an additional investment need was already acknowledged within the Assessment; the omission increased its scale but did not alter its nature or the conclusions drawn regarding the affordability of the Assessment"

The whole report is available to read here: https://www.northeast-ca.gov.uk/download...report.pdf