Fares to rise again. Of course all the profits will be going back into running the services on the continent...
FTFY.

Fares to rise again. Of course all the profits will be going back into running the services on the continent...
FTFY.![]()
Fares to rise again. Of course all the profits will be going back into running the service...
Fares to rise again. Of course all the profits will be going back into running the service...
This actually surprised me a lot
![]()
26p: Investment in the rail network
Pleasing that this is the biggest chunk of the pie
25p: Staff
Got to wonder how that is skewed between upper management and Engineers/drivers/other on train staff. I do know that network rail pay decent salaries to Engineers though.
22p: Maintaining track and trains
Obviously essential activity but I doubt we're doing it as efficiently as we could be
Overally, I think it shows a healthy distribution - and surprisingly only 3% profit, which I don't think we can complain about. But it's just the magnitude of spending as a whole - not where the pennies in each pound go, but how many pounds are needed in the first place.
Would be interesting to compare with other European countries.
Excellent. I'm sure they'll use it to pay for trains with more than two carriages between Bham New St and Cardiff Central at peak times. Or not.
3p per fare, how many fares are sold per day? That's a lot of money that could be put into the trains or the tracks. I'm assuming the 26p is from our taxes.
3p per pound, not per fare.
And you're welcome to ask me to invest a few million in your train network offering less than 3% return to me, but I might decide to put my money in something else. Companies need money to function as well, you know?
I never understood why they do that!
Or the alternative, stop at Bristol Parkway and wait for the London Pads/Swansea train which is 99.9% of the time always late![]()
obviously got to pay decent salary to staff, most are in safety critical roles like myself so i want decent money, you have to remember lots of projects cost a fortune even small ones.
They keep raising it far faster than wages, eventually it's going to reach a point where people just stop using or needing it. A lot of Brits are already flocking out of London to find jobs elsewhere.
That's 3% raw profit. Operating costs deducted. They're getting what they need to function.
Yes. You said they need money to function.Did I say otherwise? I repeat, you need a 3% return on investment to get that investment. People aren't going to invest millions of their money into a company that doesn't offer a return on investment.
That would require a strategy to create employment outside of London. The current housing master plan seems to be to build new "garden villages" in the commuter belt which is just a different name for a housing estate, requiring a car journey to a station to then get a train to London. I don't think such radical out-of-the-box thinking is likely to solve the problem any time soon.