The soon to depart rail regulator has performed an incisive dissection of Network Rail’s costs, but the whole access charge regime is a legacy of the discredited Mk 1 model of privatisation, contends Christian Wolmar, who also makes some bold predictions for the railway in 2004.
So Tom Winsor has pronounced. After almost a year’s endeavour [...]
Archive of December, 2003
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Network Rail’s debts are far in excess of BR’s. Christian Wolmar says there will come a point when government says ‘enough is enough’.
With the announcement of the regulator’s announcement on Network Rail’s access charges the railways will enter a world of never-never economics which poses the gravest ever threat to their future. A leaked report [...]
Suddenly local taxation is in the news and protestors are on the streets. The doddery old couples from Devon lining Parliament Square may seem far removed to their brick throwing predecessors with their Mohican hair cuts of fifteen years ago in Trafalgar Square, but the issue is the same – the unfairness of local taxation.
The [...]
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