This from E. L. Bowe...
Stagecoach's apparent sang froid in the face of the Virgin Trains East Coast losses is easily explained - they have been here before.
An infrastructure owner fails to deliver upgrades vital to an ambitious intercity franchise plan?
Sounds familiar? Of course, it's the West Coast Route Modernisation debacle all over again.
True, Stagecoach and Virgin don't have the nuclear option of the WCML PUG2 contract which could have holed Network Rail below the waterline, but that's not needed when Network Rail is on the job, with vital capacity schemes like freight loops, Werrington grade separation and Woodwalton four tracking are sliding to the right and are now well into the second half of CP6 .
We'll know it really is groundhog day when Mr Kipling is recalled to descope the scheme and devise a rescue timetable.
Grimsby and Back
3 years ago
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