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Old 28-02-2015, 16:44   #437
Chris
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Re: Train Spotters Corner

Quote:
Originally Posted by TheDaddy View Post
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
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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