Wednesday, December 13, 2006

More train nonsense

You've not doubt read my thoughts on the whole train privatisation thing. Putting that aside for a moment, let's have a look at Virgin Trains' recently announced £1.4bn subsidy. This private company require this hand-out from the state to cover increased costs of running their trains on Network Rail's tracks - Network Rail being the state owned maintenance company.
Essentially, the money leaves the state, goes to a private company and is paid back to the state. Which is bloody ridiculous. Virgin Trains have undertaken to run trains on these tracks and the 'risk' in terms of cost is - or at least should be - their problem. Not ours.
Another 1.4 billion reasons why the rail network is, to put it bluntly, fucked.

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