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Previously on "Another terrible Labour idea/great Tory one"

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  • LondonManc
    replied
    Originally posted by scooterscot View Post
    hence why there's no more left for investment
    The money that should have been invested is what Stagecoach/Virgin paid the government to run the franchise.

    Leave a comment:


  • GreenMirror
    replied
    Originally posted by scooterscot View Post
    money flows out as dividends rather than lost, whereas it should be used for investment
    Investment in bitcoin?

    Leave a comment:


  • DoctorStrangelove
    replied
    Shall we expect a return to greatness?

    http://en.wikipedia.org/wiki/LNER_Cl...rd_in_York.jpg

    Leave a comment:


  • eek
    replied
    Originally posted by DaveB View Post
    And profit is what gets reinvested into the business, unless you’ve paid it all out to your shareholders.

    The last time this happened the East Coast Mainline operation actually returned money to the treasury rather than receiving it in subsidies.
    Until today Virgin Trains East Coast has paid about £1bn to the Treasury. Unfortunately that includes £200m from Stagecoach's own reserves as they haven't sold enough tickets themselves.

    The East Coast line (trains side) is profitable mind you so it should be with a Monday morning returning costing £340. The track and Network rail itself is a different matter

    Leave a comment:


  • DaveB
    replied
    Originally posted by LondonManc View Post
    ACYOTBAC?

    You can't pay dividends without a profit.
    And profit is what gets reinvested into the business, unless you’ve paid it all out to your shareholders.

    The last time this happened the East Coast Mainline operation actually returned money to the treasury rather than receiving it in subsidies.

    Leave a comment:


  • scooterscot
    replied
    hence why there's no more left for investment

    Leave a comment:


  • LondonManc
    replied
    Originally posted by scooterscot View Post
    money flows out as dividends rather than lost, whereas it should be used for investment
    ACYOTBAC?

    You can't pay dividends without a profit.

    Leave a comment:


  • scooterscot
    replied
    money flows out as dividends rather than lost, whereas it should be used for investment

    Leave a comment:


  • GreenMirror
    replied
    There seem to be more passengers than ever before and prices keep going up. Yet they still manage to lose money?

    Leave a comment:


  • WTFH
    started a topic Another terrible Labour idea/great Tory one

    Another terrible Labour idea/great Tory one

    East Coast train line to be put into public control - BBC News

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