RMT on fare fiddling private train companies

RMT on fare fiddling private train companies

4 March 2019

RMT Press Office

RMT says fare fiddling by private train companies reinforces case for public ownership

Rail union RMT said today that news that train companies are pocketing 80% of the compensation they suck up from the publicly-owned Network Rail for disrupted and delayed services, rather than passing it on to passengers, should be yet another nail in the coffin of Britain’s privatised rail racket.

In the past six years the train operators have hoovered up £1.3 billion from the public purse while only £260 million has been handed back to the passengers that the compensation is supposed to reach.

RMT general secretary Mick Cash said:

“Fare fiddling is rife on Britain’s railways and the biggest exponents are the private rail companies who have trousered over a billion pounds of public money as part of this extortion racket. It is a national disgrace and once again Chris Grayling is right at the centre of it, handing out taxpayer money to failing train operators in a grotesque display of corporate welfare.

“It is a scandal that publicly-owned Network Rail is being bled dry in this cynical fashion while our railways are being starved of desperately-needed investment in upgrades and maintenance. Meanwhile, the train companies are laughing all the way to the bank with the bulk of this cash shipped abroad to subsidise domestic operations across the Continent and beyond.

“This latest revelation of the scale of the Great British Rail Rip-Off will fuel RMT’s campaign for public ownership and an end to this Government-sponsored racketeering.”

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Tagged with: Fares, Public ownership