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Dextrous63
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Dextrous63 is offline
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21-08-2020, 01:48 AM
21

Re: Lack of rail passengers !!

Originally Posted by The Artful Todger ->
Hell no! Why should tax payers pay for things they don't use?

Review the conditions that apply to rail franchises by all means but NEVER nationalise ANYTHING.

Let things live or die by the free market. EVERYTHING.
Presumably the rail companies run at a profit, so instead of this profit being paid to shareholders it can be used either to add to the general coffers or keep fares a little lower.

Can't see why you think that taxpayers would be paying for anything more than rail companies already receive via subsidies. Chances are that they'd actually pay less.
spitfire
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21-08-2020, 06:24 AM
22

Re: Lack of rail passengers !!

For some reason, bad service when a company is in private ownership is accepted, and tolerated by end users, when same company is in public ownership, bad service would be lambasted by same folks. Sometimes perceptions are inexplicably skewed, maybe something like the belief that, any individual can "progress" through society to the cost of their peers.
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21-08-2020, 06:29 AM
23

Re: Lack of rail passengers !!

Maybe Joe Bloggs has "Dividenditus".
Donkeyman
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21-08-2020, 09:36 AM
24

Re: Lack of rail passengers !!

Originally Posted by spitfire ->
For some reason, bad service when a company is in private ownership is accepted, and tolerated by end users, when same company is in public ownership, bad service would be lambasted by same folks. Sometimes perceptions are inexplicably skewed, maybe something like the belief that, any individual can "progress" through society to the cost of their peers.
Now you mention it Spitty, it does seem to be the case !!
Very perceptive of you old chap !!

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21-08-2020, 09:43 AM
25

Re: Lack of rail passengers !!

Originally Posted by Dextrous63 ->
Presumably the rail companies run at a profit, so instead of this profit being paid to shareholders it can be used either to add to the general coffers or keep fares a little lower.

Can't see why you think that taxpayers would be paying for anything more than rail companies already receive via subsidies. Chances are that they'd actually pay less.
The management of these companies are very careful NOT to make
a profit Dex !
Keep expenses high and run on a shoestring is the mantra !!

Donkeyman! 👎😟👎
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The Artful Todger
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21-08-2020, 10:26 AM
26

Re: Lack of rail passengers !!

There is a legal requirement on all plc's to deliver shareholder value.
Donkeyman
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21-08-2020, 02:52 PM
27

Re: Lack of rail passengers !!

Originally Posted by The Artful Todger ->
There is a legal requirement on all plc's to deliver shareholder value.
Whilst requesting bail outs Todgy??
And price increases twice a year??

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The Artful Todger
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21-08-2020, 03:01 PM
28

Re: Lack of rail passengers !!

Originally Posted by Donkeyman ->
Whilst requesting bail outs Todgy??
And price increases twice a year??

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Periodic price rises are allowed for in the licence terms. Requested support to deliver the service set out in the licence - sure! Why not?
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21-08-2020, 08:17 PM
29

Re: Lack of rail passengers !!

Originally Posted by The Artful Todger ->
Periodic price rises are allowed for in the licence terms. Requested support to deliver the service set out in the licence - sure! Why not?
And the licence drafted by who Todgy?
Seems government contracts etc, have somehow become very
biased in favor of the contractors nowadays?

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The Artful Todger
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21-08-2020, 08:57 PM
30

Re: Lack of rail passengers !!

Originally Posted by Donkeyman ->
And the licence drafted by who Todgy?
Seems government contracts etc, have somehow become very
biased in favor of the contractors nowadays?

Donkeyman! 👎👎
Drafted by civil servants. Says it all really.
 
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