(10 Sep 2014, 6:21 pm)aureolin wrote And as far as I'm concerned there's no business case. There's no way that privatisation would generate that sort of profit for the treasury, or would deliver both a better service AND big fare reductions for the public.
http://www.tuc.org.uk/why-we-need-take-action-rail
http://actionforrail.org/
Hence my questions already being written
Only South West generated a bigger profit amongst all of the toc's.
If you look at their operation (using the busiest station in the country - without competition), there is no comparison.
If you compare EC, to the other intercity stuff on the Great Western or West Coast lines, then it hits home how they and others (financially) are better off being in public hands.