Reply to post:

Why OH WHY did Blighty privatise EVERYTHING?

Stuart Moore

Interesting as ever.

Was hoping you would go more into the detail of how British Rail got broken up into its current structure, and how there the government keeps dictating what can be done, how many and what type of trains can be bought... it seems like there we have the worst possible structure. ROSCOs that own the trains budget their leasing costs to pay back the purchase price over 5 years of a projected 30 year life, and then happily take the profits for the rest - and the TOCs can't shop around as they don't have the freedom. That's what angers me, thst we have a combination of all the bad bits of privatisation with all of the bad bits of government ownership.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019