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- W817547823 abstract "Although the UK railroad industry is heavily dependent on government subsidies, the financial picture is beginning to change. This article considers whether government subsidies are at the right level and how long the rail system should be propped up by public financing. It is projected that 7 of the 13 railroad franchises will be paying premia back to the UK Department for Transport rather than taking subsidy by 2010. It also is possible that within 5 years the railroad system could be subsidy-neutral. However, the current practice of cheap fares might mean that railroads are offering too much customer value for the money, and that these low fares make meeting capacity needs impossible without more subsidy. Customers that use the railroads may soon be paying more towards its cost." @default.
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- W817547823 date "2007-07-01" @default.
- W817547823 modified "2023-09-23" @default.
- W817547823 title "Are Our Railways Value for Money" @default.
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