(11 Aug 2016, 6:15 pm)northern156 wrote Even though part of the franchise for the current private bidder was to introduce brand new rolling stock in vast amounts? That can't have helped financial matters much...!!!
Even the most savvy financial director will have financed that in to any contract/bid...
Forecasts will have been planned both on income and expenditure, in addition to passenger numbers way back when they went for the contract - regardless of any new rolling stock.
New rolling stock, will (or should have), been factored in to that bid. It hasn't just sneaked up on them.