Eagle
Established Member
Northern Rock, HBoS and the rest are currently part of it.
Actually, Northern Rock was reprivatized (read: sold); it's part of Virgin Money now.
Northern Rock, HBoS and the rest are currently part of it.
Actually, Northern Rock was reprivatized (read: sold); it's part of Virgin Money now.
So we take the TOCs out, so that means given a TOC makes 3-4% profit from every pound I spend, I can realistically expect to take 3-4% off my ticket price? That'll make a lot of difference.
That's because even when you take out the profit element, BR would still need to employ the same staff at stations, to drive trains and so on. But, if they knew they'd be bailed out by the tax payer (there's an element of that now) then why would they bother to keep costs under control?
As an ordinary punter that travels on the railway, would I be paying more, less or the same as I do today?
I look at the industry and see the increased costs of doing things, and the new demands for health and safety and making everything accessible (which costs millions, like one bridge at Elsenham costing almost £1m) and wonder how BR could suddenly save loads of money overnight. These new costs would exist regardless, as nobody would expect BR to ignore all the new legislation and rules.
What are you on about? There's been hardly any lines that have shut since about 1980. And pretty much nothing has shut since privatization.
What are you on about? There's been hardly any lines that have shut since about 1980. And pretty much nothing has shut since privatization.
So we take the TOCs out, so that means given a TOC makes 3-4% profit from every pound I spend, I can realistically expect to take 3-4% off my ticket price? That'll make a lot of difference.
That's because even when you take out the profit element, BR would still need to employ the same staff at stations, to drive trains and so on. But, if they knew they'd be bailed out by the tax payer (there's an element of that now) then why would they bother to keep costs under control?
As an ordinary punter that travels on the railway, would I be paying more, less or the same as I do today?
I look at the industry and see the increased costs of doing things, and the new demands for health and safety and making everything accessible (which costs millions, like one bridge at Elsenham costing almost £1m) and wonder how BR could suddenly save loads of money overnight. These new costs would exist regardless, as nobody would expect BR to ignore all the new legislation and rules.
I meant BR would have had less need to shut down railway lines if they had more money
No it is not that simple. You are trying to say there would not have been investment in the railways had it not been for privatization. The fact is that in the 1980s and early 1990s there was investment in the railways and there is no evidence that this investment would have ended had it not been for privatization.
I say again, it IS that simple. I didn't say there was NO investment (even the gov realises you need to give the rilways some money to keep going!) but that it was cut to the bone. Hence, ECML elctrification cheaply done to poor technical standars, the problems of which we reap today. Very old first generation trains soldiering on well past their design end date until they were evntually replaced decades later than they should have been - sweated assetts due lack of sufficient investment!
Do you think BR would have taken out junctions and singled so many lines to save on maintenance if they'd had sufficient funding?
Do you think they'd have taken out signalling to save money yet vastly decrease line capacity if thyey'd not been kept short of funds?
Do you think they'd have lied about the cost of Ribblehead to try to get the S&C closed if they'd had enough funds not to do that?
The list of BR's financial cloth-cutting at the expense of a worse railway is endless!
No it is not that simple, you seem to think it's simply the case that there wouldn't have been much investment in the railways had it not been for privatization. This is not the case.I say again, it IS that simple.
At the time the railways were in decline, the private car was seen as the future and many lines ended up closed and some singled. Even if the railways had never been nationalized many lines would have still ended up closing as they wouldn't have made a profit and if you leave it to the free market then forget about subsidy, if it isn't making money then it will close.Do you think BR would have taken out junctions and singled so many lines to save on maintenance if they'd had sufficient funding?
Do you think they'd have taken out signalling to save money yet vastly decrease line capacity if thyey'd not been kept short of funds?
Do you think they'd have lied about the cost of Ribblehead to try to get the S&C closed if they'd had enough funds not to do that?
The list of BR's financial cloth-cutting at the expense of a worse railway is endless!
That was the government fault, if BR had more money, it would have been better than that
The government could however find ways to force the owners into bankruptcy and buy the assets at scrap value because no-one else wants them.Do you understand the concept of nationalization?
The government will have to buy everything. All Network Rail's assets, all the ROSCOs' trains, all the TOCs... everything. And that isn't cheap.
The government could however find ways to force the owners into bankruptcy and buy the assets at scrap value because no-one else wants them.
Any export of rolling stock or repurposing of real estate could easily be tied up in never-ending red tape as part of the war on terrorism.
Can it be done, and cheaply? Of course it can.
Will it be done? Of course not.
You seem to share Zoe's dream that somehow a '2012' BR would be getting proper funding from government. What leads you to that conclusion in the face of about half a century of contiuous government underfunding of BR?
I believe there was a plan to cascade the Mark 3 stock from West Coast to Cross Country. Had that been the case Cross Country services would likely not be running as frequently as they are today.The only positive I can think of is that we might have tilting LHCS on the wast coast (be that APT, MK4T's or Intercity 250's)
The government could however find ways to force the owners into bankruptcy and buy the assets at scrap value because no-one else wants them.
I believe there was a plan to cascade the Mark 3 stock from West Coast to Cross Country. Had that been the case Cross Country services would likely not be running as frequently as they are today.
You seem to share Zoe's dream that somehow a '2012' BR would be getting proper funding from government. What leads you to that conclusion in the face of about half a century of contiuous government underfunding of BR?
Naivety?
Here's how it works: Government has some money from taxation to run the country with. It doesn't have enough, so has to borrow each year. Therefore the government beancounters in the Treasury are not exactly flinging money about. If BR says "we need £10X million to run the railway next year" the beancounters say "do it for £4X million, or lump it". Simple as that.
Except that's how it used to be. Today it would be worse. Because of 13 years of spending like there was no tomorrow by Gordon Brown, first as Chancellor then as PM, this country has the biggest debt and the biggest deficit between income and outgoings that it has ever had. By some margin!
So today the answer would be "do it for £2X million and think yourself very lucky to get that".
Why do you think the government privatised BR? It was because even before the Blair / Brown spendfest that left us deep in the poo, they realised the railways needed investment or they'd go under. And that the gov was in no position financially to provide that money.
So they privatised. To everyone's amazment it worked well and we now have a many-times better railway than under BR. But if it had failed and the railways had gone under, the gov could have blamed the privatised rail companies rather than taking the rap themselves.
What we need to do is bring back BR and bring about massive finding to the railways, even if it comes from road charging
In the current climate, I think that most tax payers would demand cuts in rail even if the Government wanted to splash out, favouring spending on the health service, schools, the police etc.
And if that happened, BR would need to get most of its money from fares - which would mean sky high price rises. You'd have no private companies willing to invest, so it would definitely a take-it-or-leave-it approach.
I am not saying the current system is right (in fact, I don't think it is and would prefer the rail network to work more like TfL run buses in London) but I really can't see how it would be better under public ownership.
What we need to do is bring back BR and bring about massive finding to the railways, even if it comes from road charging
Sad thing is, I think you might be serious!
If so, why not include elimination of all wars and all disease in your vision? Why stop if you're on such a roll!
I can't see why you'd have any issue with road pricing. You could just privatize the roads and have private companies charge people for using them.Sad thing is, I think you might be serious!
I can't see why you'd have any issue with road pricing. You could just privatize the roads and have private companies charge people for using them.
Those private companies would be owned by a "new" BR
The issue is though that you'd only price the poor off the roads and onto rail and the rick would continue to drive and have nice congestion free roads for themselves. Passing legislation to restrict car use would be a fairer way.Those private companies would be owned by a "new" BR
Good God! Roads owned by the railways to fund the railways. Why the DfT hasn't snapped you up is beyond me.
The issue is though that you'd only price the poor off the roads and onto rail and the rick would continue to drive and have nice congestion free roads for themselves. Passing legislation to restrict car use would be a fairer way.
It will save the taxpayer and government from funding it
That will be the result though.nothing to do with pricing people off the road