The Severn Valley Railway (SVR) has launched another fundraising appeal as it attempts to shore up its financial future.
Last April, the cash-strapped heritage railway launched a Survival Fund due to a “double whammy of escalating costs and lower revenue”.
It is being replaced by a new 'Resilience Fund' aimed at supporting the railways operational resilience in the coming years. “We’re going to need ongoing support to meet our running costs for some time to come, so that we can build the railway’s resilience and confidence, and safeguard assets such as rolling stock and infrastructure.”
“The costs associated with running a heritage line can be very high,” continued Diane. “For example, the Railway has to spend £500 on coal for a steam locomotive’s return trip along 16-mile line, and a new set of points will be an eye-watering £10,000.
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