Tazi Hupefi
On Moderation
Your point would be valid if the senior management and executive function would be transferring, but they're almost certainly not going to be. At best, you'll get the front line staff and junior/middle managers and supervisors TUPEd over to the new entity.That's a bloody good argument for doing them first and making sure the people who are getting it right get to steer the incorporation of other poorly performing operators when they get absorbed.
Worst thing you could do is add a lot of dross to the mix first, they'd just drag a good operator down to their level and beat them with experience.
Like other owing groups, Transport UK also has most of their key executives, consultants, strategists and experts working directly at Group level, rather than for the TOCs they operate (although some are seconded/placed). All of this will be lost unless they are tapped on the shoulder by OLR/DfT/GBR.
First Group also has this sort of structure with First Rail Holdings and Arriva with Arriva UK Trains.