(28 Oct 2023, 7:28 am)Storx wrote I 100% disagree that Nexus should do anything personally. The council should not be bailing out commercial routes.
I understand the inconvenience but that's the point of a strike.
I agree with the sentiment of this, but I do think Nexus should be doing something; they should be urgently reviewing any contract/secured service work that Go North East is contracted to deliver, and either terminating it due to non-performance, or look to put it out to emergency tender.
Remember when GCT were in this situation a year or so ago, with not having the ability to deliver what they'd signed up to? Everyone was calling for their heads then.
(28 Oct 2023, 9:32 am)BusLoverMum wrote Well, no. They can "only" strike until December 22nd before GNE is allowed to sack them.
Although, at least to my understanding of the law, there'd be nothing stopping them returning to work briefly and then entering another period of industrial action.
I don't think that rule has ever been tested either. I'm not sure what GNE would gain from going down that route, as they'd be in the same position; no drivers to drive their buses.
(28 Oct 2023, 10:50 am)Bazza wrote I’m very suspicious of the losses posted by GNE.
Given it’s a company within a company and the parent is making money, can it be demonstrated that payments aren’t made to the parent company, that end up pushing the wholly owned company into a loss. (Payments for services, lease of vehicles or whatever).
Plus. What has general mismanagement cost? I’m particularly thinking about the costs associated with the closure of C-le-St?
I have not studied the accounts posted so honestly don’t know. Can anyone elaborate?
The loss was £1.9m, pre-exceptional items. The figure they're keep quoting (£4.3m) includes £2.98m of exceptional items. This is an exceptional spend/not part of the company's day-to-day profit/loss, as it's not an annual commitment.
I suppose it's a bit like if you have to replace your boiler one year. Might cost you a couple thousand to do it, but you don't have to do it every year.