02-02-2015, 10:18
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#421
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Re: Train Spotters Corner
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02-02-2015, 11:44
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#422
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cf.addict
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Re: Train Spotters Corner
Quote:
Originally Posted by denphone
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350,000 tons need to be removed before it's safe. I think it will be closed for quite a while.
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02-02-2015, 12:40
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#423
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Re: Train Spotters Corner
Yes you are right its definitely going to be quite a while before it reopens Stuart.
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04-02-2015, 05:50
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#424
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12-02-2015, 08:49
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#425
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Re: Train Spotters Corner
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12-02-2015, 11:17
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#426
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Re: Train Spotters Corner
Quote:
Originally Posted by 007stuart
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Excellent news Stuart.
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28-02-2015, 07:55
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#427
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cf.mega pornstar
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Re: Train Spotters Corner
I see network rails profits are up 39% to over a billion, bit obscene imo, no one minds a company making a profit but milking the public is another thing, especially as the service isn't that great
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28-02-2015, 10:59
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#428
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Trollsplatter
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Re: Train Spotters Corner
Quote:
Originally Posted by TheDaddy
I see network rails profits are up 39% to over a billion, bit obscene imo, no one minds a company making a profit but milking the public is another thing, especially as the service isn't that great
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How is it obscene? The national rail network is in constant need of maintenance and capacity upgrades. We all pay for a certain amount of that via tax, but it is fair that those who use it pay a greater share.
Network Rail is a not-for-profit operation. The "profit" of which you speak is used to fund capital projects which extend and improve the network. There are no shareholders to take a dividend.
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28-02-2015, 17:13
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#429
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cf.mega pornstar
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Re: Train Spotters Corner
Quote:
Originally Posted by Chris
How is it obscene? The national rail network is in constant need of maintenance and capacity upgrades. We all pay for a certain amount of that via tax, but it is fair that those who use it pay a greater share.
Network Rail is a not-for-profit operation. The "profit" of which you speak is used to fund capital projects which extend and improve the network. There are no shareholders to take a dividend.
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The profit is used for whatever the company decides and its obscene, 39% increase in profits mean someones getting screwed and as always it'll be passed on to the little people
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28-02-2015, 17:44
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#430
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Trollsplatter
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Re: Train Spotters Corner
Quote:
Originally Posted by TheDaddy
The profit is used for whatever the company decides and its obscene, 39% increase in profits mean someones getting screwed and as always it'll be passed on to the little people
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No it isn't. Revenue over and above day-to-day spending is reinvested in capital projects to ensure the company meets government performance targets and any other obligations placed on it. It is not free to spend that money on "whatever".
That amount hasn't increased by 39pc by accident. Rail users are deliberately being charged more, and NR is deliberately spending the proceeds on improvements that benefit those rail users. It seems entirely fair to me.
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28-02-2015, 18:53
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#431
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Re: Train Spotters Corner
As long as it benefits the Rail user and is to the betterment of the network l see no problem in what NR are doing.
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28-02-2015, 22:32
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#432
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cf.mega pornstar
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Re: Train Spotters Corner
Quote:
Originally Posted by Chris
No it isn't. Revenue over and above day-to-day spending is reinvested in capital projects to ensure the company meets government performance targets and any other obligations placed on it. It is not free to spend that money on "whatever".
That amount hasn't increased by 39pc by accident. Rail users are deliberately being charged more, and NR is deliberately spending the proceeds on improvements that benefit those rail users. It seems entirely fair to me.
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That would explain the 30% increase in delays passengers are enduring and yes it is, the way the company is formed means it can use its own capital for "its own purposes"
http://en.m.wikipedia.org/wiki/Network_Rail
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01-03-2015, 09:33
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#433
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Re: Train Spotters Corner
East Coast rail back in private hands.
http://www.bbc.co.uk/news/uk-31680914
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04-03-2015, 11:15
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#434
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Re: Train Spotters Corner
Leamington - Banbury section to reopen 3 weeks earlier than expected
Network Rail has confirmed that the railway between Leamington Spa and Banbury will reopen on Friday 13 March - three weeks earlier than originally expected.
Quote:
The key route between Birmingham and London Marylebone and Birmingham, the Thames Valley, south coast and the port of Southampton is used by 130 passenger and freight trains a day. It has been closed since 31 January following a 350,000 tonne landslip near Harbury, a few miles south of Leamington Spa.
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http://www.twitlonger.com/show/n_1sl1a9b
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04-03-2015, 18:44
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#435
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Re: Train Spotters Corner
That's excellent going as l certainly thought it would take much longer to clear up the huge landslip there.
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