privatisation - 2 Items Tagged Within News
The 1993 Railways Act – ‘30 years of waste’
RAIL UNION RMT marked the 30 th anniversary today (Sunday November 5, 2023) of the 1993 Railways Act that privatised Britain’s railway with a new report which revealed that the three-decade debacle had seen at least £31 billion leak out of the system while...
Region: National
Tagged with: RMT, Mick Lynch, Rail Privatisation,
Rail companies raking in profit and stripping the railways of money
Train company bosses take little risk with their capital but have benefited from profits before tax, of 126% of the capital invested by rail operators.
65% of profits are locked away in shareholder dividends instead of being redistributed into improving the...
Region: National
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