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Post by TB123 on Nov 28, 2024 11:51:10 GMT
It will be interesting to see what happens to TUK if the current government choose to renationalise rail lines. Although most aren’t highly profitable it must still make a key and significant part of their profit/loss sheet. Choose to nationalise? It’s awaiting Royal Assent. It has passed the commons and Lords. It is - very much - when, not if and happening. TUK are paid a basic management fee for their TOCs and indeed I believe all three of theirs are making a profit and in the case of Anglia a premium to the DfT. I wouldn’t be surprised to see them get into buses in a much bigger way - I know they are very interested in Merseyside franchising Just to add to this that the Passenger Railway Services (Public Ownership) Act, commonly known as renationalising railways has today received Royal Assent and is now law of the land. The first train operators to be bought in house under the new legislation will shortly be announced |
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Post by SILENCED on Nov 28, 2024 12:07:22 GMT
Choose to nationalise? It’s awaiting Royal Assent. It has passed the commons and Lords. It is - very much - when, not if and happening. TUK are paid a basic management fee for their TOCs and indeed I believe all three of theirs are making a profit and in the case of Anglia a premium to the DfT. I wouldn’t be surprised to see them get into buses in a much bigger way - I know they are very interested in Merseyside franchising Just to add to this that the Passenger Railway Services (Public Ownership) Act, commonly known as renationalising railways has today received Royal Assent and is now law of the land. The first train operators to be bought in house under the new legislation will shortly be announced Yip, can't wait to return to the quality offerings of the British Rail days! |
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Post by Eastlondoner62 on Nov 28, 2024 12:13:16 GMT
Just to add to this that the Passenger Railway Services (Public Ownership) Act, commonly known as renationalising railways has today received Royal Assent and is now law of the land. The first train operators to be bought in house under the new legislation will shortly be announced Yip, can't wait to return to the quality offerings of the British Rail days! It won't be however, both the previous Conservative government and the incumbent Labour government have made that quite clear. The current model is arguably just as bad so what else do you propose? |
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Post by SILENCED on Nov 28, 2024 12:16:24 GMT
Yip, can't wait to return to the quality offerings of the British Rail days! It won't be however, both the previous Conservative government and the incumbent Labour government have made that quite clear. The current model is arguably just as bad so what else do you propose? Current model is not perfect, but big improvement to that that went on before. This is just change for change sake. I think there is more downside than upside to this move, and that is before we get to the unchecked costs of every government department coming into play on the railways. DfT needs to make cuts next time, no contractual responsibilities ... easy to make cuts to the railways. Look at the nationalised electrification programme ... Nationilsation is genreally pretty poor and should only be used when we risk losing nationally important abilities, such as the nationalising of Sheffield Forgemaster who offered unique products for national security .... and the range of products being made is being expanded so nationally important made products are being made under our own sovereignty. |
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Post by southlondonbus on Nov 28, 2024 12:23:25 GMT
It won't be however, both the previous Conservative government and the incumbent Labour government have made that quite clear. The current model is arguably just as bad so what else do you propose? Current model is not perfect, but big improvement that went on before. This is just change for change sake. I think there is more downside than upside to this move, and that is before we get to the unchecked costs of every government department coming into play on the railways. DfT needs to make cuts next time, no contractual responsibilities ... easy to make cuts to the railways. Look at the nationalised electrification programme ... Obviously now sick pay, company pension contributions, firing someone will in effect be government responsibility. I have to say that's a worry when I know how wasteful the NHS can be. |
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Post by mark on Nov 28, 2024 15:38:50 GMT
Current model is not perfect, but big improvement that went on before. This is just change for change sake. I think there is more downside than upside to this move, and that is before we get to the unchecked costs of every government department coming into play on the railways. DfT needs to make cuts next time, no contractual responsibilities ... easy to make cuts to the railways. Look at the nationalised electrification programme ... Obviously now sick pay, company pension contributions, firing someone will in effect be government responsibility. I have to say that's a worry when I know how wasteful the NHS can be. The TOCs have effectively been controlled by government since Covid! |
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