I completely agree. Rail franchise holders have been able to walk away. As has been said, the profits are privatised and the losses are underpinned by the taxpayer. That is not a proper free market model because there is absolutely no punitive action against franchise holders when they fail.
Transport Secretary: East Coast Franchise
Proceeding contribution from
Alan Brown
(Scottish National Party)
in the House of Commons on Wednesday, 23 May 2018.
It occurred during Opposition day on Transport Secretary: East Coast Franchise.
Type
Proceeding contribution
Reference
641 c868
Session
2017-19
Chamber / Committee
House of Commons chamber
Subjects
Librarians' tools
Timestamp
2022-08-28 18:40:43 +0100
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