(28 May 2014, 7:48 pm)aureolin wrote But as for his comments as a whole. The last paragraph sums it up for me. Whilst I appreciate that things like track works are outside of First's control, I don't see why the drop in payments should allow the construction of commercial premises, and to allow them to maintain their fleet?
Fancy me going running to HMRC and telling them I'll be paying 75% less tax this year, as I need that money because I fancy building a conservatory and installing a hot tub in the garden...
I think where he is coming from is that the trains, buildings etc are all part of the franchise and should be paid out of the franchise. An example is why should First pay to maintain the fleet, when the fleet is not their's in the first place.
Of course, your house is your own property, so you should pay for the conservatory and hot tub yourself
