depends how they do it
there are layers and layers of duplication of management, profit margins on profit margins, advisory fees after advisory fees. So you'd think there could be some huge efficiencies made.
A simple contract to procure some new rolling stock from memory needs:
- Manufacturer (plus lawyers)
- Franchise operator (plus lawyers)
- Rolling stock owner (plus lawyers)
- At least one bank (plus lawyers)
- probably Network Rail (plus lawyers)
- definitely DfT (plus lawyers) reviewing every single contract and having collateral agreements left right and centre so it can step in if any one of these parties fails.
So I'm always interested, when people talk about 'nationalisation', in what part of the system they are actually talking about. Just the franchise operators or the whole shebang? If it's just the franchise operators then, no, nationalisation wont do squit.
Posted By: CWC on October 4th 2019 at 10:38:23
Message Thread
- Off to that London for a meeting... £65.90!!! oh lord, glad I'm not paying 😮 (n/m) (General Chat) - Worthing Yellow, Oct 4, 07:47:26
- Get the MegaBus (n/m) (General Chat) - strap_on sally, Oct 4, 10:07:18
- Cor that's cheap. It's £9(1) just for a peak single from here (General Chat) - CWC, Oct 4, 10:04:05
- Need to nationalise the railways (n/m) (General Chat) - Larry Hagman, Oct 4, 09:57:23
- Can't see that making it any cheaper though (n/m) (General Chat) - lurd, Oct 4, 10:19:07
- depends how they do it (General Chat) - CWC, Oct 4, 10:38:23
- And taxi's (n/m) (General Chat) - strap_on sally, Oct 4, 10:07:00
- Can't see that making it any cheaper though (n/m) (General Chat) - lurd, Oct 4, 10:19:07
- It's about £120 to get a peak return from Norwich to Liverpool St I think. (General Chat) - lurd, Oct 4, 09:48:33
- £20 in a taxi from Norwich to Stratton (General Chat) - strap_on sally, Oct 4, 10:05:30
- But that is 100 miles, I'm only about 55 miles from London (General Chat) - Worthing Yellow, Oct 4, 09:57:05
- Me too, from Shoreham. £57.00. (General Chat) - Grans_Canary, Oct 4, 09:20:09
- Glad I don't do it regularly! 😕 (n/m) (General Chat) - Worthing Yellow, Oct 4, 09:47:45
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