This via @13milepost...
Dual Fuel?
Converted to run on surplus catalogues?
Who knew?
So. Government intends to sell its 40% stake in Eurostar.
Danny Alexander said the following on BBC Radio 4's Today programme this morning (courtesy of the Guardian):
"We've set out already, we've started to sell off some of the student
loan book, that would be another area, there are assets owned by the London and
Continental Railways, things that a lot of people wouldn't have thought the
state owned in the first place.
"What I'm setting out today is an ambition with some examples of things
we think we could sell. Clearly no final decisions have been made about any of
those assets, but clearly the point is that where government owns assets that
could be better managed in the private sector, could be more efficiently
managed in the private sector and where we can get money in to reinvest in
vital infrastructure projects that get this country moving, that support the
long-term economic growth of this country, they can back up the vote of
confidence that we're seeing from the private sector."
Quite so.
No doubt this announcement came as little surprise to London and Continental, what with government being all joined up and all!
No matter.
Eye expects there will be vast queues of private investors keen to take on LCR's stake in Eurostar... as well as the obligations of the 1987 Rail Usage Contract, which remains in force till 2052:
After
privatisation, Eurostar and English Welsh and Scottish Railway
assumed British Rail's preferences and liabilities under the contract
through 'back-to-back' agreements, which account for 50% of Eurotunnel's
capacity. The contract guarantees a minimum level of income for
Eurotunnel, which helped it meet its liabilities for construction
costs and now also serves as the basis for how access charges
are levied on all railway undertakings using the Channel Tunnel.
Joined up government indeed.
UPDATE: This from Steve Strong...
Well if they do succeed in flogging off the government stake in Eurostar it will save some embarrassment on the East Coast franchise competition.
What with DfT planning to boot off today's state owned operator and possibly replace it with Eurostar, which is errr... another state owned operator!
This courtesy of Wolmayor...
The Fact Compiler's latest impression of a broken record was published in Passenger Transport on the 22nd November...
This from the Gruaniad...
China wants involvement in Britain's first high-speed rail line and an
increased role in civil nuclear power, the country's premier said in
Beijing after talks with David Cameron on the first day of the prime
minister's visit.
Hmmm... admittedly UK PLC may be a little behind the People's Republic on high speed rail but Li Keqiang may find a clue in the new railway's title: HS2.
No matter.
Meanwhile, there is one area where Britain could certainly learn from our Chinese friends.
An equally robust approach to our own former railway ministers would do much pour encourager les autres!
This from Henry Hassocks...
The Department for Transport, a clarification...
Regular readers may have gained the impression that Railway Eye has less than the very highest regard for the Permanent Secretary and team at the Department for Transport.
Nothing could be further from the truth!
Headlines such as You're all bloody useless!, Marsham Street couldn't organise a soiree in a brewery! and Fire the lot of them! were merely motivational posts, designed to shine a light upon the intellectual powerhouse and strategic acumen that resides in Great Minster House.
In fact Eye would go further and say that the very best possible outcome for the railway would be for Philip Rutnam to have direct oversight of both infrastructure and operators, so that the entire industry can face in one direction, led by a single guiding mind.
In Eye's view this is a statistical certainty and cannot happen soon enough! (Will this do? Ed).
As Leonard Cohen used to sing: I've got a little secret!
A tune evidently close to the heart of Eye favourite Stephen 'Gone-native' Hammond, as evidenced by this written answer given on the 26th November:
Kate Hoey:
To ask the Secretary of State for Transport pursuant to the answer of 4 November 2013, Official Report,
column 45W, on railways: south west, for what reasons lease costs for
rolling stock are considered to be commercially sensitive.
Stephen Hammond:
The leasing costs for rolling stock are the result of negotiations
between two private sector commercial entities, the train operating
company and the rolling stock leasing company. Putting such information
in the public sphere would give advantage to each party's competitors
and hinder future negotiations between such commercial entities
throughout the industry.
Hmm... Advantage and Hinder?
Surely the name of an act in this year's DfT Christmas panto?
No matter!
Of course the real hindrance 'to future negotiations' on allocation of scarce trains is done by DfT's random-rolling-stock-cascade-generator, which inhibits the effective operation of the entire train leasing market.
A point made transparently clear from section 25 on page 9 of the summary section of the Competition Commission's 2007 'Rolling Stock Leasing market investigation'.
Go figure!
The friend of railway users across the nation has offered its latest wheeze to delight regular travellers.
Not content with providing spurious costings for HS2, the Institute of Economic Affairs latest brainwave is to call for less seats on trains (Less seats? Try fewer pounds in your pocket! You're fired!!! Ed)
According to the Metro...
Seats should be ripped out on the most overcrowded train services to create cheaper, standing-only carriages, a report suggests.
The return to third-class travel would see passengers pay up to 20
per cent less than in standard class, under the Institute of Economic
Affairs proposal.
Head of transport Dr Richard Wellings said: ‘For too long, the
government has squandered taxpayers’ money on the wrong transport
projects and failed to deliver value for commuters."
Forcing more passengers to stand? A novel way to 'deliver value for commuters'.
Good news for fans of the new North - South Railway.
Today's small demonstration in Parliament Square against the vital project even witnessed some Damascene conversions!
The lady on the left is apparently conveying the message that High Speed One is a success.
@TheFactCompiler very good. I thought the lady on the right was perhaps endorsing the Y shape of the route
— TransportNathan (@TransportNathan) November 25, 2013
So. The Government has published the HS2 Bill for phase 1 of the new North - South Railway.
According to the National Farmers Union...
The record-breaking 55,000-page Bill details exactly what ministers want
to build and what the expected impact on the environment might be.
Fifty five thousand pages?
Compare and contrast!
Courtesy of the Imperial War Museum, here is Churchill's 1942 memo on the construction of another project with national significance - the Mulberry Harbours for D-Day:
This apparently from Barrett Homes...
Noted on an East Midlands Trains Class 153 Sandbox Lid at Lincoln
earlier this year.
This from Siemens...
In an email headed: Change of location for Siemens plc's Rail Systems Division from
Westminster to Euston, we discover...
This from Flora McDonald...
From the ScotRail draft ITT:
"The train should contain appropriate tourist information, in an ambience that promotes the local heritage, scenery and tourist attractions with the aim of capturing the imagination of and leaving an impression of Scotland on the passenger."
Perhaps a saltire shaped lump in every seat cushion?
This from the Metro, referring to the buffer shunt at Chester today...
The 10.10am service from London Euston completely failed to stop at the
station and partially derailed, smashing into the buffers.
Hmmm...
Perhaps a case of 'completely' hyperbole 'reporting'?
This from a Mr Norman Collier...
Pointless and USELESS signs!
The Fact Compiler's latest column in Passenger Transport published on the 15th November...
This from a Mr Antonio Kilometer...
From Southern’s press release last week about its winter timetable...
“There
are two last Monday to Saturday trains which will leave earlier than in
the previous timetable. These are the 23:47 London Victoria to Horsham
service which will leave Victoria
at 23.40 and the 23.49 London Victoria to Oxted service which will
leave Victoria at 23.47. The early departure of these services will
allow Network Rail to carry out vital maintenance and minor repairs
overnight on the Brighton Main Line. This frees up track
access on Sundays so that three services per hour between Victoria and
Brighton can now be maintained all year round.”
So
I make that an extra 2 minutes a night for NR to carry out all this
“vital maintenance and minor repair” work - that will keep the route
open all day on Sunday.
Network Rail is to be congratulated on achieving such dramatic efficiencies well in advance of CP5.
This from Rich Tea...
As HS1 consult on increasing freight track charges by some 450% their owners, Ontario Teacher’s Pension Fund, have just bought the maker of – yes, you guessed – Wagon Wheels.
Evidently, flicking two sticky fingers at the freighties is very much the rapacious Canucks game.