Nash, C.A. (1990) Rail Privatisation: Financial Implications. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK.
My aim in this brief paper is not to argue the case for or against privatisation, but rather to comment on the likely financial implications of some of the options. Nevertheless, it does not seem possible to do this without briefly reviewing the advantages and disadvantages that are claimed to flow hm privatisation. I will then consider the existing organisation and financial performance of British Rail. Following this, I will discuss alternative ways of achieving the necessary level of profitability for private investors to be interested in owning and operating the railway system.
|Copyright, Publisher and Additional Information:||Copyright of the Institute of Transport Studies, University Of Leeds|
|Institution:||The University of Leeds|
|Academic Units:||The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)|
|Depositing User:||Adrian May|
|Date Deposited:||26 Mar 2007|
|Last Modified:||25 Oct 2016 08:17|
|Publisher:||Institute of Transport Studies, University of Leeds|
|Identification Number:||Working Paper 294|