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I am sorry to inform Nigel that fares do go to the Contractors running
the rail infrastructure, travel card income is split between the organisations of bus underground and NR, this forms part of the scheme paying for the services these render, the fares received at underground stations for UG fares go directly into the underground pot. The internal payment is scheme is a complex web as decoding the original contracts and the basis of complaints and legal challenge of the Mayor. The payments out is greater than the income, if I remember correctly some £50 million. On Mon, 20 Oct 2003 21:42:16 +0100, "Nigel Pendse" wrote: "chris" wrote in message I now do not use the underground unless it is an imperative, I have a bus pass. I would object strongly if one pound is given to the underground private companies at the moment, immediately they were privatised they took 40p of every pound to pay the directors and shareholders with scant regard for safety and repair of the infrastructure. For the record they have reduced track walking to once every 48 hours, this not like the over ground where one train passes maybe four times an hour, the underground has 5 in ten minutes, the track is under a lot of strain. Saving 50% of the inspection cost two derailments - unskilled walkers? Give the Mayor full control and responsibility he has shown what can be done with congestion and the buses. BK has already proved what can be done with a metro system. The fare income from the Tube doesn't go to the PPP contactors, but to LU, so you don't need to worry about it going to PPP suppliers. Also, I doubt that their profit margin will turn out to be that high, but that's a different matter. __________________________________________________ _____________________ This e-mail, and any attachment, may contain Confidential Information. Receipt of this information does not imply nor entitle any rights to possession or use. If you have received it in error, please delete it from your system, do not use or disclose the information in any way, and notify the sender immediately. __________________________________________________ _____________________ Chris Box 2534 Tel. [44] 0 (20) 7609-1093 London, Fax. [44] 0 (20) 7609-6910 WC1N 3XX, UK http://www.crag.dircon.co.uk |
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