South West franchise announcement
Dave wrote:
> "Bob" <robertg.robinson@virgin.net> wrote in message
> news:1158991272.210807.255940@i3g2000cwc. ...
>
>
>
> The government is determined to raise taxes one way or another and it looks
> like the latest is on rail tickets. Are we now going to see every decent
> franchise shafted this way?
It's not a tax, Stagecoach and other bidders could have put in a nil or
negative figure bid. It could at worst be said to be a cross-subsidy,
but HMG is still putting in circa £5bn (?) annually into the railway,
even excluding the loans being guaranteed for Network Rail, CTRL2 etc.
PH |