rolling stock companies - 4 Items Tagged Within News
RMT research reveals COVID corporate cash grab scandal
As the Government increases passenger rail fares by 2.6% today, new research by RMT reveals that the private train operating and rolling stock companies’ profits from last year stand to be equivalent to 15 pence of every pound passengers paid on fares...
Region: National
Tagged with: Covid-19, TOC's, Train Operating Companies, ROSCO's, Rolling Stock Companies, EMA, Emergency Measures Agreement, ERMA, Emergency Recovery Measures Agreement, DfT, Privatisation, Tory Government
The ROSCO racket
New RMT research has revealed that the private companies responsible for supplying trains to the railways have been paying massive dividends to their shareholders – money that could have funded hundreds of new vehicles – while shuffling money away into...
Region: National
Tagged with: rosco, rosco racket, rolling stock companies,
RMT exposes new £1.2 billion privatised rail rip-off
These three companies paid £1.2 billion in dividends to their shareholders between 2012 and 2018, enough to fund 700 new vehicles, while figures on inter-company lending suggest that this is just the tip of the iceberg.
‘The ROSCO Racket’ shines a light on...
Region: National
Tagged with: rosco, rolling stock companies, transport secretary, grant shapps, tory governmrnt,
RMT slams train overcrowding scandal
September 9th 2015
IMMEDIATE
RMT SLAMS TRAIN OVERCROWDING SCANDAL WHILE ROLLING STOCK COMPANIES MAKE A FORTUNE
Rail union RMT today blasted the “gross profiteering at public expense” on Britain’s railways as the official overcrowding report was published today: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/459330/rail-passengers-crowding-2014.pdf...
Region: National
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