Thursday, 29 March 2012

Villiers vignettes - 13, unlikely a sum

This from Leo Pink...

'A total of 13 firms are in the running to become the next operators of the Great Western, Thameslink and Essex Thameside rail franchises' burbles Theresa announcing today's shortlisted bidders.

Well, yes, if you assume that, say, First Great Western Trains Limited, First Essex Thameside Limited and First Thameslink Limited are different companies - which Cruela probably does.

In reality, it is six of the usual subjects plus the Hong Kong MTR striking out on its own.

What is true, however, is that the owning groups will be spending £5 million a throw on their bids.