Rail Franchising - The Future

[507022]

RE: Rail Franchising - The Future

(03/10/2012 14:33)DVL418 Wrote:  

(03/10/2012 11:56)wirralbus Wrote:  Renationalisation will be more costly and even more time consuming than the present position we have , we have to look at saving money , not draining more of it down the drain on a changeover from private to nationalised .

Err, where did you get that from??

Fact; the like for like costs of running the national railway network since privatisation is 50% MORE expensive that British Rail managed on in the 1980's. Even John Major has long admitted that they got it worng. (Source HoC Transport SElect Committee Reports ad nauseum)

FACT; If nationalised, the 'profit' being creamed-off by Stagecoach, First etc. would be available for re-investment/tax cuts/jobs etc. rather than going as dividends.

FACT; around 50% (source Audit Commission) of dividends/surpluses leave our shores for Franch, Netherlands, Germany etc and thus are not directly available for re-investment in UK Plc.

No brainer really.

I agree whole-heartedly with what you say - it's just common sense!