Trains
Trains
(24 May 2014, 8:48 am)Andreos Constantopolous Why give them in the first place?
The revenues per year (over a 7yr period) is predicted to be £1.3bn as well as £1.1bn revenue in franchise payments per year.
Go ahead get that AND millions of pounds for doing their job by getting trains to run on time.
The Government hand over £9bn and generate £3.5bn profit over 7yrs.
I struggle to see any benefit to the taxpayer in that deal at all.
That £9bn from the Government is to cover Go ahead operating costs! The Government are giving a multi-national company £9bn so they can run trains.
Howay man - all it needs is for the penny to drop and someone in the Government to realise that instead of turning a £3.5bn revenue profit by whore-ing out this particular railway, they could generate £12.4bn by keeping it in house.
(24 May 2014, 8:48 am)Andreos Constantopolous Why give them in the first place?
The revenues per year (over a 7yr period) is predicted to be £1.3bn as well as £1.1bn revenue in franchise payments per year.
Go ahead get that AND millions of pounds for doing their job by getting trains to run on time.
The Government hand over £9bn and generate £3.5bn profit over 7yrs.
I struggle to see any benefit to the taxpayer in that deal at all.
That £9bn from the Government is to cover Go ahead operating costs! The Government are giving a multi-national company £9bn so they can run trains.
Howay man - all it needs is for the penny to drop and someone in the Government to realise that instead of turning a £3.5bn revenue profit by whore-ing out this particular railway, they could generate £12.4bn by keeping it in house.
