If it were to be split into a separate franchise then which one would get the green "GWR" livery in the divorce settlement (since both the "Didcot" and the "B&H" sides would have a claim to it)?
I'm not sure about this. There's some argument that the current FGW is too big to attract competitive bids for, that you could focus more on different areas with smaller TOCs.
But then, I don't know how you'd split it. If the Bristol - Weymouth/ Southampton/ Portsmouth services go to a "Wessex" franchise then that leaves only a rump operation for local DMUs around Bristol (Weston, Severn Brach, Great Malvern). Operationally that may sit better with an adjacent franchise but the political complications of the Cardiff Bay dominated Wales & Borders may put pay to that.
Or, once you start carving it up, where do you stop? Bristol - Weymouth/ Southampton/ Portsmouth services may fit better with SWT...
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Good points.
The great problem with the nice-sounding George Osborne approach to "devolution" - giving spending decisions to local levels sounds positive but becomes meaningless if they just have the same budget to play with and no scope to raise funds/ borrow.
If you want to devolve then you have to do it properly.
So, I guess my opinion of this move depends on whether there's new money/ new trains.
GWR used to be First Great Western, Thames Trains and parts of Wales & West.
Thames Trains was fairly straightforward - I can't remember them operating anything other than 165s and 166s - so the Thames Valley branches, Redhill, Oxford slows etc. Plus a short lived Bristol - Oxford service.
Wales & West ran the local stuff around Bristol plus the Devon/ Cornwall branches (inc Great Malvern, Weymouth, Portsmouth) and a token service to Waterloo - whilst enthusiasts remember Central Trains as having some strange long distance services, W&W had a few too like Penzance to Portsmouth and west Wales to Waterloo.
Did First Great Western run anything other than HSTs, Sleepers and 180s (before it became "Great
er Western"?