Magazine article The Spectator

Our Successful Railways

Magazine article The Spectator

Our Successful Railways

Article excerpt

From Adrian Lyons Sir: Your leading article (7 January) suggested that railway operators are a cartel bent on exploiting their customers, but this is grossly unfair. Fares have risen, but an overall increase of 3 per cent above inflation since 1995 hardly constitutes 'steeply rising prices'. Furthermore, a tremendous range of fares and journey options is on offer. Your leader quoted one London-Manchester rail fare without giving the bigger picture. This morning I could have bought a return for travel today for less than £60.

Nor do I believe that railway operators would consider the industry to be risk-free.

All the recent franchise competitions have resulted in the winners committing to pay hundreds of millions in premiums against very demanding performance targets. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.