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Old 12-02-2014, 11:33   #46
Accyexplorer
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Re: If you live on a flood plain-

Quote:
Originally Posted by Gordon Booth View Post
Dear me, Accyexplorer, you do post some twaddle. As Less said somewhere, you should stick to wandering round empty buildings or at least check the facts.

Network Rail owns all the fixed assets of our rail system and is responsible for their maintenance. Station,lines etc. The bulk of it's income comes from charging the train operators for using its assets. Any state money(up to 30% of its income) it receives is used on the assets.
Yes it is a private company but is has no shares, no shareholders and declares no profits or dividends. Specially set up by the Government( the Labour one) and can be taken over by the Government at any time at no cost.

It owns no rolling stock except the maintenance/repair trains so hasn't made anything out of ticket prices.
No shares, no divi so no Cameron personal profit.

The facts, stick to them.
Read this "twaddle"

How franchising scams the taxpayer for billions | Action For Rail
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