Up to 18 jobs are to go at the Severn Valley Railway after the heritage attraction admitted it had entered into a consultation period for compulsory redundancies.
Up to 18 jobs are to go at the Severn Valley Railway. Photo: SVR
Now the railway has admitted that it needs to find an additional £300,000 in cost savings over the next 12 months on top of the £650,000 it has already managed to save, leading to the job losses. She said: “We know that the timetable of reduced running days and reduced services does not sit comfortably with everyone, but it is absolutely necessary to help cut costs this year.
“Taking 2022 and 2023 together, existing measures mean we will have identified a saving of £650,000 in staff costs. This has been achieved by not filling vacancies, and redeploying existing staff to cover. We are also having to allow for a significant statutory increase to minimum wage levels." Mr Dunster added: “SVR Plc is working extremely closely with both the SVR Charitable Trust and the SVR Company Ltd.
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