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Rail franchises axed as help for train firms extended...

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caravanman

Conductor
Joined
Mar 22, 2004
Messages
3,791
Location
Nottingham, England.
The government and the train companies are painting this as a good deal. But in reality, because of Covid, it's a fairly unsatisfactory scenario for all those concerned.
The taxpayer will be liable for the losses on the railways for a much longer period of time. And with the virus spreading, passenger levels might remain suppressed - so the losses could continue for some time to come.
Please read the "Analysis" section, gives better explanation than the Govt. spin...
UK Rail franchises finish...
 

jis

Conductor
AU Lifetime Supporter
Gathering Team Member
Joined
Aug 24, 2003
Messages
25,978
Location
Space Coast, Florida, Area code 3-2-1
The franchise system was pretty much standing on its last broken leg by the end of 2019, and was clearly on its way out. And then the pandemic struck adding complications, leading to the current half baked state.

 
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