Correct. The initial investment was private because that way the owner had a guaranteed return on investment. The country decided, when prices got exhorbitant, that the need to feed commuters into cities like London and Liverpool was now an essential part of UK plc, infra-structurally, they...
I’m not against private ownership of many services. I am against private ownership of ESSENTIAL especially where the barriers to entry are so massively high that no one can compete and thereby contain costs to users.
Oddly this privatisation has left us with the worst of all worlds. The costs...
I think I’m casting my pearls before swine on this one. If anyone seriously thinks that running national infrastructure for profit rather than need is a good idea...despite the total shambles privatisation has brought to rail in the UK...then I have to suspect political idealism over common...
You’ve just settled my lesson to Beothelm regarding railways. Australia has an almost 100% state owned and operated railway network.
Thanks cobber.:wave::wave:
Do you really need me to explain how an aeroplane differs from a train? OK..I’ll start with basics.
A train runs on a track. The track was built by a nationalised railway (usually) but this was sold for pence in the pound to some rich people who now run a train on it.
Because the track is VERY...