According to Ed Balls there will be no future spending cuts before the next General Election!
Of course attendees at last week's Fourth Friday/Modern Railway's Innovation Awards already knew this.
Lord Adonis spoke at the event and took questions at the end.
Asked whether the HLOS was still affordable he replied with a confident one word answer:
"Very!".
As the crescendo of applause died down it became apparent that in some areas of the room the response had been more muted.
Could it have been the presence of a former Rail Regulator that made an entire table of TOC MDs sit on their hands?
Or first hand knowledge of railway finances and the current 'downturn' in passenger revenue?
Grimsby and Back
2 years ago
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