Co-operative Rail

The last government dabbled with some pretty poor models of fake mutuals. Network Rail proved to be one of the worst – an unaccountable non-profit not all that much better than in it’s sorry chapter as a unprofitable for-profit.

Christian Wolmar has a trenchant analysis (thanks Dave) of what has gone wrong – and a call to try a proper co-operative model instead http://www.christianwolmar.co.uk/2010/11/rail-654-rocky-times-ahead-for-network-rail/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+feed%2Fchristianwolmar+%28Christian+Wolmar%29

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