Ifwecouldjust.......
Well-Known Member
As I understand these 'private' companies receive government subsidies yet still manage to pay their shareholders dividends. Nice work if you can get it. The whole setup is a mess, rather than privatise the railways because "private industry promotes competition and better service" we should have just found better managers for British Rail and just accepted the fact that the public purse needs to subsidise public transport (as it does in most other countries). Same with water, following privatisation the boards of water companies paid themselves massive salaries and bonuses at the same time as cost cutting that has led us to where we are now. The private sector is in any game to make profits not provide a public service.
British Rail (as it was ) was deliberately underfunded by the Tories and the mess it created was used as an excuse to privatise.
(You can substitute the name of any privatised business for ''British Rail'' )
I still smile when I remember that I can get a week in Turkey or Malta at a 5 star hotel , all inclusive with drinks plus transfers and flights for less than a walk on day return from Manchester to London.