East Coast line to be taken back into public ownership again

Discussion in 'SMB' started by Flared Hicks, May 16, 2018.

  1. Last edited: May 16, 2018
  2. MackemBob

    MackemBob Winger

    They did a canny job last time. Vital Infrastructure like this should always be publicly owned and operated.
  3. Superchamps

    Superchamps Central Defender

    Hi Jezza ;)
  4. Wilfy

    Wilfy Striker

  5. MackemBob

    MackemBob Winger

    Far from it. Last bastion of Socio-capitalism here.
  6. Bishop Boy

    Bishop Boy Striker

    Didn’t it run at a profit last time?
    hank williams likes this.
  7. Brian Griffin

    Brian Griffin Winger

    Easy to run it at a profit when you don't have to pay to operate it mind.
  8. Superchamps

    Superchamps Central Defender

    Hi Tony ;)
  9. Spennymackem1981

    Spennymackem1981 Midfield

    does it mean cheaper train fares though
  10. tunstallhill

    tunstallhill Striker

    Good if done properly
  11. pavarotti1980

    pavarotti1980 Midfield

    It seems like Virgin/Stagecoach didnt pay much either
    Purrfect South likes this.
  12. Brian Griffin

    Brian Griffin Winger

    They should have paid £3.3Bn - whether they did or not is irrelevant.

    Now the Government will run it - and obviously not charge themselves to operate it, skewing the figures massively.

    Course not.
  13. Big Cat

    Big Cat Winger

    Will it balls.
  14. andy

    andy Striker

    I blame the unions.
    Brian Griffin likes this.
  15. Brian Griffin

    Brian Griffin Winger

    Not on this occasion.
    andy likes this.
  16. pavarotti1980

    pavarotti1980 Midfield

    £3.3billion was to run it from 2015 - 2023. Wasnt there something about it being structured so the majority of that figure was paid in the last few years of franchise or something similar anyway.

    It begs the question that if as a country we have to bribe private companies with funding to run railways to allow them to make profit is it worth all of the hassle when it could be run as it will be soon (for the 3rd time) by arms length not for profit company. Will it be DOR again?
    Roger the Dodger likes this.
  17. duff_man

    duff_man Striker

    While I am far from being a socialist vital infrastructure should always be government run. Transport and energy being top of the list.
  18. Brian Griffin

    Brian Griffin Winger

    If you sold the infrastructure - rails, locos, land - to a private company they'd have zero bother running it.

    It's the fact we try and get greedy and want companies to rent it of the public purse.

    Interesting fact, Network Rail is the third largest landowner in the UK.
    The Exile and PTR like this.
  19. MrOompapa

    MrOompapa Striker

    So what will happen in this regard? Will Virgin's services essentially be running under government ownership/supervision?

    Hopefully they knock the prices down a notch too.
  20. pavarotti1980

    pavarotti1980 Midfield

    Surely if a private company had all of the infrastructure and bailed as it wasnt making the profit they required and forecasted for then you have a national transport network screwed.

    ps we give them money to run the line

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