Taxpayers to fund £6bn for new bullet trains before they're passed on the private firms

TWO new fleets of bullet trains — total cost £5.9 billion — will be funded by taxpayers’ money before they are passed on to private firms.

The first Azuma high-speed train on the East Coast Main Line (ECML) travelled from London King’s Cross to Leeds yesterday.

ECML services were renationalised last year after privateer Stagecoach-Virgin proved incapable of running them efficiently or profitably. The failure cost taxpayers £2bn. However, Transport Secretary Chris...
source: Morning Star Online

2019-05-15 19:26
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