Govia's profit from rail operations last year was in the region of £25 million.
Govia profit is different from Southeastern Profit.
Govia's profit from rail operations last year was in the region of £25 million.
Indeed it is. It's a lot higher for a start, so if you work on Southeastern's profit only, it'd pay for even less.Govia profit is different from Southeastern Profit.
I suppose they could take their custom away from Network Rail in the same way that the thousands of commuters could take their custom away from Southeastern/Govia/SWT etc. Isn't that how a privatised free market is supposed to work?
.... Oh hang on.
let he who is without sin cast the first stone. He who comes into equity must come with clean hands etc etc.
I would also consider what classes of fault are attributed to NR they cover all sorts of things outside of their direct control, such as the weather, road vehicle bridge strikes etc. It isn't just have "rails... fit for trains"
Govia's profit from rail operations last year was in the region of £25 million.
From http://www.railpro.co.uk/railpro-magazine/magazine-archives/spreading-signalling-costs:
so it wouldn't be going far.
Sorry but how is a TOC deflecting blame when the infrastructure at fault? Its being honest. If the rails aren't fit for trains on the NR infrastructure then its not the TOCs fault.
Cheap qiup at best.
This reply might upset a few posters on here who love having a dig at NR... but to be honest I don't really care.
For months now all I have heard is the constant moaning of local councillors and mp's about the state of the UK'S railways. Now the irony here is that it is those same mp's parties that are responsible for decades of chronic underinvestment which has led either directly or indirectly to the situation we now have.
The biggest gripe I have is listening to them bleating on about line closures for engineering works. They moaned about the closures over Christmas, they moan about overnight works which require an early end to service and they moan about diversions when those works are taking place.
Now if these same people had their way we would have a rail service that runs 24 hours a day, 7 days a week, 52 weeks of the year. Perhaps they are so stupid that they misguidedly believe that we can maintain the rail infrastructure whilst running trains!
You cannot have it both ways and for a TOC to blame NR for poorly maintaining the rails is a pretty cheap shot in my opinion.
Yes NR could and should do better but you can only play with the hand you are dealt, and I think NR do pretty well all things considered. Perhaps some of the motormouths who constantly criticise us need to get out on the tracks and actually see what is involved in maintaining a railway.
During the last couple of months this country has endured some horrific weather which has caused untold damage to the railway infrastructure, a lot of it repaired in a short space of time. The more major damage is still being repaired and all this on top of your normal everyday maintenance.
You cannot have your cake and eat it, and it's about time people realised this and stop whinging.

If they only turn a £25m profit, why are they bothering?
Personally, this makes me rather sad.
For the 90% of the population who have no interest in the railways except as a means of getting around, which they may or may not use, all this actually says is "railways and trains are cr*p". Which doesn't help the industry at all.
For the 9% of the population who have an interest in the railways, but don't understand it fully, this reads as "a part of the industry is cr*p, but it's not us", which may be understood, but ultimately it's the last four words that hit home. Again, not helpful.
The 1% who do understand the basics of how the industry works, which includes most of the people on this forum, will see the message for what it is. Roughly half of whom will realise it is about corporate reputation management rather than trying to help energise the people responsible to resolve the issues.
If I was on the front line in NRs South East route, being blamed for all the ills of the railway would not exactly motivate me to try harder. But I'm not, so I can't comment.
Meanwhile, in a remarkable coincidence, I was delayed on my way to work today for nearly an hour due to a failed GoVia train, and delayed half an hour on the way home by a failed GoVia train. But I shan't be ringing the Standard.
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Because there is not much capital at risk; the return on capital employed is relatively reasonable for similar low risk enterprises.
TSGN loses cash, SE was losing money until last year, most of the profit is from LM.
hmmmmm - Perhaps if the TOC offered better access opportunities etc![]()
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Meanwhile, in a remarkable coincidence, I was delayed on my way to work today for nearly an hour due to a failed GoVia train, and delayed half an hour on the way home by a failed GoVia train. But I shan't be ringing the Standard.
Yes, as I regularly remind my work colleagues, it's an 'industry' problem, not one part or another. No wonder many of that 90% want BR back, if only for this reason!Personally, this makes me rather sad.
For the 90% of the population who have no interest in the railways except as a means of getting around, which they may or may not use, all this actually says is "railways and trains are cr*p". Which doesn't help the industry at all.
NR need to use the access they do get more efficiently first before coming for more. On a regular basis I have passed possessions where no work is being carried out.
NR need to use the access they do get more efficiently first before coming for more. On a regular basis I have passed possessions where no work is being carried out.
It couldn't be that technicians are in relay rooms tracing faults or testing circuits, for example. Or on a scheduled rest break. Or simply working further up in the section.NR need to use the access they do get more efficiently first before coming for more. On a regular basis I have passed possessions where no work is being carried out.
It couldn't be that technicians are in relay rooms tracing faults or testing circuits, for example. Or on a scheduled rest break. Or simply working further up in the section.
Personally, this makes me rather sad.
For the 90% of the population who have no interest in the railways except as a means of getting around, which they may or may not use, all this actually says is "railways and trains are cr*p". Which doesn't help the industry at all.
For the 9% of the population who have an interest in the railways, but don't understand it fully, this reads as "a part of the industry is cr*p, but it's not us", which may be understood, but ultimately it's the words 6-9 that hit home. Again, not helpful.
The 1% who do understand the basics of how the industry works, which includes most of the people on this forum, will see the message for what it is. Roughly half of whom will realise it is about corporate reputation management rather than trying to help energise the people responsible to resolve the issues.
If I was on the front line in NRs South East route, being blamed for all the ills of the railway would not exactly motivate me to try harder. But I'm not, so I can't comment.
Meanwhile, in a remarkable coincidence, I was delayed on my way to work today for nearly an hour due to a failed GoVia train, and delayed half an hour on the way home by a failed GoVia train. But I shan't be ringing the Standard.
--- old post above --- --- new post below ---
Because there is not much capital at risk; the return on capital employed is relatively reasonable for similar low risk enterprises.
TSGN loses cash, SE was losing money until last year, most of the profit is from LM.
And yet they barely make any money. As you said, why are they bothering?Yes, operating a rail franchise is the economic equivalent of shooting fish in a barrel. Captive customer base, incompetent DfT, guaranteed profit with minimal risk plus compensation payments when NR fails to deliver a track to run on.
Even though it was the same units......
That depends on the length of the possession, surely?
I would grant one for a section over 18 miles long, but they might only be working in one small patch.
Low risk, low return. They can make a small profit without worrying about losing it allAnd yet they barely make any money. As you said, why are they bothering?
If it were so easy, they'd be sitting on much bigger profits than that, surely?
Low risk, low return. They can make a small profit without worrying about losing it all
Or there could be several worksites in the possession, and maybe one involves more than the others.
Actually, that causes another question to my mind. Is there any kind of monitoring of timekeeping on RRBs?
Since there were no railway staff present at either end of the RRB journey I had to make today (Rochester to Meopham)
in time for the trains they were booked to connect into.
Yes. There is usually an inspector of sorts monitoring the bus fromthe bus company side.
That's unusual. All the ones I have ever travelled on have staff both ends.
Again, from my experience the trains usually have a longer dwell time for connections.
I'll admit it sounds like something has gone very wrong. Was there a local traffic issue ? For that many buses to be running late I would hope that there was something beyond anyone's control that happened.
When the industry turns inward and begins fighting amongst itself you have to conclude that it's on a slippery slope to oblivion.
Ultimately this is a failure of leadership. Leadership from the industry partners (it takes two to run a railway - Infrastructure and train operator) who fail to stand up for the industry they represent but instead indulge in infighting, but also a failure of leadership from the regulator which campaigns tirelessly against the industry in the form cost reductions, performance penalties, network access time and cash handouts to passengers.
While these initiatives sound reasonable there is a consequence to them all. Many are incompatible with maintaining a sustainable railway. It may be possible in the short term but eventually cutting back on frontline staff, maintenance and essential renewals while sweating the assets at the same time will only lead to one outcome. That is what is being experienced now.
Another of those consequences is the friction stirred up in the relationships between industry partners which are essential to keep the railway going. WTF do the ORR understand about these? Well, now the cracks are showing and will do only harm to the interests of passengers.
What are the alternatives? A new TOC? Doesn't change the infrastructure management issues. Break up NR? Doesn't change the age, condition or opportunities to get in and do something meaningful about aged infrastructure without; a) inevitable disruption to carry out the work; b) funds to carry out the renewal. Then of course there's the other problem - lack of sufficient skilled resource to accelerate infrastructure works (another consequence of previous political leaders).
The only solution is a long term strategy, funding to go with it. Patience and willingness to see it through (something lacking in today's railway). Support and confidence in those tasked with the work (another attribute sadly lacking in all too many).
Sadly, while politicians have the ability to interfere on a frequent basis as has been the case for decades the rail industry is doomed to the eternal struggle. And so are its passengers.
If only industry would get together and mount a public campaign to educate its users even when it doesn't fit with the instant fixes politicians would like people to believe. In these times of social media / PR is king, surely someone has the wit and intelligence to inform users of what is involved, what has been achieved and why the railway is shut (big screen at principal stations). Even the maintenance / fault gang could carry a head camera to film what is found, beam it back to control for instant upload to ****ter with some nice commentary from the office added as a soundtrack. Normals would soon get bored with a constant barrage of maintenance stories but at least NR could point to the fact they were informed. The TOC's might learn something as well. Why, they could even do the same from the TMD.
Perhaps they are so stupid that they misguidedly believe that we can maintain the rail infrastructure whilst running trains!
This reply might upset a few posters on here who love having a dig at NR... but to be honest I don't really care.
For months now all I have heard is the constant moaning of local councillors and mp's about the state of the UK'S railways. Now the irony here is that it is those same mp's parties that are responsible for decades of chronic underinvestment which has led either directly or indirectly to the situation we now have.
The biggest gripe I have is listening to them bleating on about line closures for engineering works. They moaned about the closures over Christmas, they moan about overnight works which require an early end to service and they moan about diversions when those works are taking place.
Now if these same people had their way we would have a rail service that runs 24 hours a day, 7 days a week, 52 weeks of the year. Perhaps they are so stupid that they misguidedly believe that we can maintain the rail infrastructure whilst running trains!
You cannot have it both ways and for a TOC to blame NR for poorly maintaining the rails is a pretty cheap shot in my opinion.
Yes NR could and should do better but you can only play with the hand you are dealt, and I think NR do pretty well all things considered. Perhaps some of the motormouths who constantly criticise us need to get out on the tracks and actually see what is involved in maintaining a railway.
During the last couple of months this country has endured some horrific weather which has caused untold damage to the railway infrastructure, a lot of it repaired in a short space of time. The more major damage is still being repaired and all this on top of your normal everyday maintenance.
You cannot have your cake and eat it, and it's about time people realised this and stop whinging.
Low risk, low return. They can make a small profit without worrying about losing it all
Its pretty much a guaranteed after tax income that the larger groups (Go Ahead, Stagecoach etc) can use as a fund to pay for the bubbly at the shareholders' meetings.
As for Arriva (or should we say Deutsche Bundesbahn) it helps to keep fares low for passengers on German railways. Ironic isn't it that our Governments have been so hell-bent against a Nationlalised railway that they've allowed large chunks of it to be operated by German, Dutch and French State-owned railways.
That depends on the length of the possession, surely?
I would grant one for a section over 18 miles long, but they might only be working in one small patch.
We dont ask for more though, that is one of the issues but we quite happily reduce section 4s if the TOCs want it.
It couldn't be that technicians are in relay rooms tracing faults or testing circuits, for example. Or on a scheduled rest break. Or simply working further up in the section.