On 12 Nov 2003 22:51:54 GMT, Robin May
wrote:

Has privatisation turned any railway into a profit making business?

Thameslink for certain, and (I think) Thames Trains? Maybe GNER as
well, but I'm not sure about that one.

Before privatisation, it is said that the entire BR InterCity
operation made a profit, which it then fed back into subsidising
unprofitable routes. Were this still the case today, the rail subsidy
could be much lower. Is privatisation good value? Hmm...

Neil

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