We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
 
Contact Forum Editor

Send an email to our Forum Editor:


PLEASE NOTE: Your name is used only to let the Forum Editor know who sent the message. Both your name and email address will not be used for any other purpose.

Speakers Corner


It's free to register, to post a question or to start / join a discussion


 

Government Insanity or Sour Grapes?


oresome

Likes # 0

Sir Richard Branson has attacked the "insanity" of the Government after Virgin Trains lost control of the prestigious West Coast rail line that it has run for 15 years.

First Group has won the contract with a bid some £750M less than Virgins, which Sir Richard believes will result in First Group losing money and the Government ultimately taking back control.

This is not unprecedented. GNER and National Express have previously been stripped of contracts after failing to meet their obligations.

Like this post
morddwyd

Likes # 0

"Firstgroup's share price fell after winning the bid. The market presumably thought they'd overpaid."

And that's significant.

Bookies and brokers are in the business of financial forecasting, and more often than not they are right (or they'd be out of business!).

Like this post

Reply to this topic

This thread has been locked.



IDG UK Sites

Samsung Gear 2 review: Classy Tizen smartwatch is too expensive

IDG UK Sites

Eight possible names for the next version of Mac OS X: What will Apple call the follow-up to Maveri?......

IDG UK Sites

Why our gadgets will kill us all: bleating notifications, too many chargers and the proliferation...

IDG UK Sites

Inside Twitter's new design and ad offerings