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Article #66

Re: Edinburgh Waverley station improvements

#66
From: angus_creech
Date: Thu, 06 Apr 2006 22:49
35 lines
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> It is, after all, the Executive that is promoting the railway, rather
> than Network Rail (although presumably Network Rail will be building it
> and owning it thereafter).

That would certainly be interesting to find out. We (as taxpayers) will
certainly be paying for it.

> This was something that worried me at the time of rail privatisation,
> and especially when RAILTRACK was then privatised; that the track
> operator would have no incentive to invest in developing the network
> ("Thanks, we'll just stick with the easy option of taking the income for
> what we've got"), and the train operators wouldn't want to take the
> gamble (especially with short franchises), and so no new railways would
> be built.

There is a beautiful irony here.

Had the railways not been regulated by government in Beeching's time, I
feel we would not have had the catestrophic slashing of services that
we had; it is as if they were on a mission of principle, not economics.
And yet, the renewal in interest of building new Scottish railways, has
only really come about with the possibiliy of (Scottish) government
finance. Free market principles would appear to best be applied
selectively.

> I'm not actually aware of any new rail lines where RT/NR has been the
> party taking the "initiative", but I'd be interested to hear of any.
> Fortunately, at least the government (and/or SPT and/or local
> authorities) have said, "Well, we want a new railway, so we're going to
> pay to you build it, whether you like it or not" ;-)

It'll be interesting to see who builds the Borders' network, and how
well that goes: I suspect that it will also be a litmus test of sorts.

Angus
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From: angus_creech@hotmail.com
Newsgroups: scot.general,ed.general,free.uk.scotland.transport-railways,uk.railway
Subject: Re: Edinburgh Waverley station improvements
Date: 6 Apr 2006 15:49:02 -0700
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