As I said earlier - the Government created
privatisation and to make it a success, they
accept the most attractive and sound bid. It
would be foolhardy of them to accept a bid
which is low and offers little return.
With the National Express offer, they obviously thought the bid was feasable... They need to convince the public that by selling
off railway access, that they can still generate
money for the treasury, whilst allegedly
allowing the paying passenger a choice of
operators. The model the privatisation was based on, was
from a Scandavian country - possibly Denmark
or Sweden, Im not 100% sure, but an EU Act
was put into play. However, a number of the
operators in that country were subsequently
declared bankrupt. Unfortunately, as with buses, there is usually
very little competition - just like we have with
the privatisation of the water and sewerage
network. Interesting (or just a coincedence) that when
SeaLink was sold off, its buyer was Sea
Containers - who also operated the ECML under
the GNER brand when it was first privatised. Whether you think this is froth or not, people
whether they are labour party members are
not (I aint) feel strongly about it - with the first
part of it debate.

Not sure what happened to previous post.