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The Cost and Funding of Transit Systems
On 2014-04-25 08:51, Recliner wrote:
Hils wrote: On 2014-04-25 02:22, Aurora wrote: September 1, this penny pinching madness will affect the rest of the UK. Network Rail will no longer be able to borrow against its assets like a private business. It will be subject to the availability of funds from HM Treasury. The chancellor will have to balance railway infrastructure improvements against funds for hospitals and schools. We have enjoyed a period of continual improvement. Capacity has been increased with improved junctions and enlarged facilities. Reading may be the last hurrah. It is back to Penney pinching decline. Single lead junctions anyone? I wouldn't bank on there being many new hospitals or schools either. The oligarchs don't want taxpayers money to do anything useful like build public infrastructure when they can get it into their own pockets directly. Those mysterious oligarchs are obviously deeply incompetent: http://www.bbc.co.uk/news/education-23080327 Refurbishing or replacing existing schools. http://www.bbc.co.uk/news/uk-wales-s...wales-26526380 Wales. Old Labour. :-) http://www.theconstructionindex.co.u...-hs2-engineers "Plans... intention..." And who needs HS2 anyway? :-) http://www.birminghammail.co.uk/news...-queen-4870398 "Private Finance Initiative". http://www.gazettelive.co.uk/news/wy...-trust-6293381 "Private Finance Initiative". Costs were cut not by throwing out the PFI but by reducing the size of the hospital originally planned. http://www.papworthhospital.nhs.uk/c...worth_hospital "PFI". I'm sure someone will correct me if I'm wrong, but haven't PFIs resulted in taxpayers paying huge amounts into hedge funds for the hire of hospitals and schools?[*] Let me guess... the Conservative-led coalition's PFIs will be different from New Labour's PFIs... BTW most of the projects mentioned are replacements for existing facilities. This may not meet everyone's idea of "new" since few additional hospital beds or school places are likely to result. [*] One of my friends teaches at a PFI school. If the teachers organise any event outside strict school hours, they have to organise it well in advance through a Japanese facilities management company. I daresay the investors, managers and investment managers of the facilities management company like this arrangement, but ISTM that it sucks. |
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